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The following financial statements show data for Lozano Chip Company and its industry averages. ( Note: The statements and other data also are in the

The following financial statements show data for Lozano Chip Company and its industry averages. (Note: The statements and other data also are in the file Ch03 Tool Kit.xlsx. They are in the worksheet named Data for Problem 3-13.)
Calculate the indicated ratios for Lozano. Use the book value of debt for all ratios.
Construct the extended DuPont equation for both Lozano and the industry.
Outline Lozanos strengths and weaknesses as revealed by your analysis.
Lozano Chip Company: Balance Sheet as of December 31,2023(Thousands of Dollars)
Lozano Chip Company: Income Statement for Year Ended December 31,2023(Thousands of Dollars)
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