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The Moraine Company has net income of $125,356. There are currently 26.85 days' sales in receivables. Total assets are $785,160, total receivables are $145,360,
The Moraine Company has net income of $125,356. There are currently 26.85 days' sales in receivables. Total assets are $785,160, total receivables are $145,360, and the debt-equity ratio is .25. a. What is the company's profit margin? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What is the company's total asset turnover? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. What is the company's ROE? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. a. Profit margin b. Total asset turnover c. ROE % times %
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