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You have been given the following data for a company's balance sheet: Cash and cash equivalents: $20,000 Accounts receivable: $30,000 Inventory: $40,000 Property, plant and

You have been given the following data for a company's balance sheet:

  • Cash and cash equivalents: $20,000
  • Accounts receivable: $30,000
  • Inventory: $40,000
  • Property, plant and equipment: $200,000
  • Accumulated depreciation: $50,000
  • Accounts payable: $50,000
  • Long-term debt: $100,000
  • Shareholders' equity: $90,000

Calculate the following ratios for the company:

a) Current ratio

b) Quick ratio

c) Debt-to-equity ratio

d) Return on equity (ROE)

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