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Student K is analyzing the financial ratios for Company Kappa using the following information: Current Assets: $150,000 Current Liabilities: $75,000 Total Assets: $500,000 Total Liabilities:
Student K is analyzing the financial ratios for Company Kappa using the following information:
- Current Assets: $150,000
- Current Liabilities: $75,000
- Total Assets: $500,000
- Total Liabilities: $300,000
- Net Income: $50,000
- Earnings per Share (EPS): $2.50 Calculate the current ratio, debt-to-equity ratio, return on assets (ROA), and return on equity (ROE) for Company Kappa and interpret the results in comparison to industry benchmarks.
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