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Use the figure to calculate the following ratios: . Industry Average a.Current Ratio(consider all liability to be current)2.1 b.Debt Ratio40% c.Net Margin Ratio5% d.Asset Turnover0.50
Use the figure to calculate the following ratios:
. Industry Average
a.Current Ratio(consider all liability to be current)2.1
b.Debt Ratio40%
c.Net Margin Ratio5%
d.Asset Turnover0.50
e.Return on Equity0.10
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