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The Moraine Company has net income of $158,850. There are currently 29.05 days' sales in receivables. Total assets are $847,000, total receivables are $147,200, and
The Moraine Company has net income of $158,850. There are currently 29.05 days' sales in receivables. Total assets are $847,000, total receivables are $147,200, and the debt-equity ratio is.30. a. What is the company's profit margin? (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? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the company's ROE? (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 ROE times % C
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