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Use the following income statement and balance sheets to answer the question below: 1. Calculate the following ratios for 2021: Current ratio, quick ratio, asset
Use the following income statement and balance sheets to answer the question below:
1. Calculate the following ratios for 2021: Current ratio, quick ratio, asset turnover, inventory turnover, receivables turnover, return on assets, return on equity, profit margin, and equity multiplier. Additionally, use the Dupont identity to deconstruct ROE.
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