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ROA=10% ROE=11.2% Current ratio=1.5 Quick ratio=0.9 gross profit margin=24% Sales=1650000 Earning available for common stock =140000 How Inventory turnover???

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)

22nd Edition

ISBN:9781305666160

Author:James A. Heintz, Robert W. Parry

Publisher:James A. Heintz, Robert W. Parry

Chapter15: Financial Statements And Year-end Accounting For A Merchandising Business

Section: Chapter Questions

Problem 4CE

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ROA=10% ROE=11.2% Current ratio=1.5 Quick ratio=0.9 gross profit margin=24% Sales=1650000 Earning available for common stock =140000 How Inventory turnover???

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