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The Moraine Company has net income of $152,850. There are currently 26.65 days' sales in receivables. Total assets are $841,000, total receivables are $146,600,
The Moraine Company has net income of $152,850. There are currently 26.65 days' sales in receivables. Total assets are $841,000, total receivables are $146,600, and the debt-equity ratio is .60. 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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