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The comparative balance sheet of Cookie & Coffee Creations Inc. at October 3 1 , 2 0 2 6 for the years 2 0 2
The comparative balance sheet of Cookie & Coffee Creations Inc. at October for the years and and the income statements for the years ended October and are presented below.
Less treasury stock
Total liabilities and stockholders' equity
$
$
$
Additional information:
Natalie and Curtis are thinking about borrowing an additional $ to buy more kitchen equipment. The loan would be repaid over a year period. The terms of the loan provide for equal semiannual payments of $ on May and November of each year, plus interest of on the outstanding balance.
Your answer is incorrect.
Calculate the following ratios for and Round current ratio to decimal places, eg debt to assets and gross profit rate to decimal places, eg and all other answers to decimal place, eg
Current ratio
Debt to assets
Gross profit rate
Profit margin
Return on assets Total assets at November were $
Return on common stockholders' equity Total common stockholders' equity at November was $ Dividends on preferred stock were $ in and $ in
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