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You have been recently employed as a trainee financial analyst to the Jamaica Investment Company Limited, and have been given the following information based on the companys financial statements for the year ended 31st December 2023:
Return on Equity (ROE)15%
Return on Assets (ROA)9%
Sales / Total Assets 4.5 times
Required:
Based on the relationships as indicated above, determine the following for the Jamaica Investment Company Limited for the period just ended 31st December 2024:
The companys debt ratio. (7.5 marks)
The companys profit margin. (7.5 marks)
The companys mark-up.

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