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Wiemers Corporation's comparative balance sheets are presented below. Wiemers's 2017 income statement included net sales of $117,000, cost of goods sold of $61,000, and net
Wiemers Corporation's comparative balance sheets are presented below. Wiemers's 2017 income statement included net sales of $117,000, cost of goods sold of $61,000, and net income of $14,200. Compute the following ratios for 2017. (Round Debt to assets ratio to 1 decimal place> e.g. 1.6, or 1.6% and all other a 1.65%.)
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