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The balance sheet and income statement for Chico Electronics are reproduced below ( tax rate PROBLEM 1 - 8 is 4 0 ^ Financial Statement

The balance sheet and income statement for Chico Electronics are reproduced below (tax rate PROBLEM 1-8 is 40^ Financial Statement Ratio AnalysisCHICO ELECTRONICS Income Statement ( $ thousands) For Years Ending December 31 Required: Compute and interpret the following financial ratios of the company for Year 5:i. Total debt to equity j. Sales to end-of-year working capital

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