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Using the following financial data, calculate the specified financial ratios: Total Assets: $500,000 Total Liabilities: $300,000 Net Income: $50,000 Sales: $200,000 Current Assets: $150,000 Current
Using the following financial data, calculate the specified financial ratios:
- Total Assets: $500,000
- Total Liabilities: $300,000
- Net Income: $50,000
- Sales: $200,000
- Current Assets: $150,000
- Current Liabilities: $100,000
- Current Ratio
- Quick Ratio (Assume Inventories are $50,000)
- Debt to Equity Ratio
- Return on Assets (ROA)
- Return on Equity (ROE)
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