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The Ray Co. has net income of $55,200. There are currently 27 days sales in receivables. Total assets are $860,000 and the receivables are $157,310
- The Ray Co. has net income of $55,200. There are currently 27 days sales in receivables. Total assets are $860,000 and the receivables are $157,310 and the debt-equity ratio is 0.34. What are the firms profit margin, total asset turnover and ROE ?
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Fundamentals of Investments, Valuation and Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
8th edition
1259720697, 1259720691, 1260109437, 9781260109436, 978-1259720697
