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Calculate the following ratios, follow the steps and must interpret your answers ,   Current ratio Earning per share ratio   Current assets=$89000 Current liabilities= 61000 Net income/profit=$18000 Number of shares common stock=76262 Total asset=770000

Calculate the following ratios, follow the steps and must interpret your answers ,   Current ratio Earning per share ratio   Current assets=$89000 Current liabilities= 61000 Net income/profit=$18000 Number of shares common stock=76262 Total asset=770000

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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  1. Calculate the following ratios, follow the steps and must interpret your answers ,

 

  1. Current ratio
  2. Earning per share ratio

 

Current assets=$89000

Current liabilities= 61000

Net income/profit=$18000

Number of shares common stock=76262

Total asset=770000

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