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Business, 27.05.2021 03:10 sepdentalcare8774
Wiemers’s 2017 income statement included net sales of $109,000, cost of goods sold of $59,500, and net income of $14,300. Compute the following ratios for 2017. (Round answers to 2 decimal places, e. g. 1.65, or 1.65% .) Current ratio :1 Acid-test ratio :1 Accounts receivable turnover times Inventory turnover times Profit margin % Asset turnover times Return on assets % Return on common stockholders’ equity % Debt to assets ratio %
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Wiemers’s 2017 income statement included net sales of $109,000, cost of goods sold of $59,500, and n...
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