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The financial data for UVW Corp. for the year ended December 31, 2023, is provided below: Total Assets: $1,000,000 Total Liabilities: $600,000 Shareholders' Equity: $400,000
The financial data for UVW Corp. for the year ended December 31, 2023, is provided below:
- Total Assets: $1,000,000
- Total Liabilities: $600,000
- Shareholders' Equity: $400,000
- Net Income: $100,000
- Dividends Paid: $40,000
- Total Revenue: $700,000
- Cost of Goods Sold: $300,000
- Operating Expenses: $200,000
- Interest Expense: $12,000
- Tax Expense: $20,000
Required:
- Calculate the current ratio.
- Determine the acid-test ratio.
- Compute the return on assets (ROA).
- Calculate the operating profit margin.
- Determine the earnings before interest and taxes (EBIT).
- Evaluate the liquidity and profitability of UVW Corp.
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