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Use the information below to calculate the firm's return on common equity. (State your answer as a percentage with two decimal places.) Net profit margin

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Use the information below to calculate the firm's return on common equity. (State your answer as a percentage with two decimal places.) Net profit margin = 13.82%; Debt ratio = 51.55%; Fixed asset turnover = 3.85; Total asset turnover = 1.70; Inventory turnover = 13.27. 34.74% 23.49% 48.49% 18.16% 21.97% The RRR Company has a target current ratio of 2.5. Presently, the current ratio is 3.4 based on current assets of $10,506,000. If RRR expands its inventory using short- term liabilities (maturities less than one year), how much additional funding can it obtain before its target current ratio is reached? (Round your answer to the nearest dollar.) $1,112,400 $1,854,000 $1,426,097 $1,952,262 $2,084,452

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