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The financial statements of Ridgeline Employment Services, Inc., reported the following accounts: ( Click the icon to view the list of accounts. ) Read the
The financial statements of Ridgeline Employment Services, Inc., reported the following accounts:
Click the icon to view the list of accounts.
Read the requirements.
Calculate the following for Ridgeline Employment Services:
a Net income
Ridgeline's net income is
b Total liabilities
Ridgeline's total liabilities are
c Total assets use the accounting equation
Ridgeline's total assets are
d Net profit margin ratio Enter your answer as a percentage rounded to the nearest whole percent.
Reference
Ridgeline's net profit margin ratio is
Data table
Ridgeline's asset turnover is
f Leverage ratio If averages are used in the formula, use the totals given or previously calculated instead. Enter your answer as a decimal rounded to two place
Ridgeline's leverage ratio is
g Return on equity If averages are used in the formula, use the totals given or previously calculated instead. Enter your answer as a percentage rounded to the
Ridgeline's return on equity is
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