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Which of the following is TRUE regarding Company ABC given the following information? Current Assets = $250 Fixed Assets =$110 Current Liabilities = $70 Long
Which of the following is TRUE regarding Company ABC given the following information? Current Assets = $250 Fixed Assets =$110 Current Liabilities = $70 Long term Debt = $80 Sales = $450 Net Income = $80
| Shareholders Equity = $120 |
| Current Ratio = 1.80 |
| Asset turnover=3.7 |
| Debt to equity ratio= 1.3 |
| Return on Equity = 38.1% |
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