Use the following information to calculate the ratios below: Total Assets 600,000 Total Liabilities 200,000 Current Assets 160,000 Current Liabilities 80,000 Net Income 70,000 Shares Outstanding 10,000 Accounts Receivable 75,000 Sales 400,000

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
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Use the following information to calculate the ratios below:
Total Assets 600,000
Total Liabilities 200,000
Current Assets 160,000
Current Liabilities 80,000
Net Income 70,000
Shares Outstanding 10,000
Accounts Receivable 75,000
Sales 400,000
Transcribed Image Text:Use the following information to calculate the ratios below: Total Assets 600,000 Total Liabilities 200,000 Current Assets 160,000 Current Liabilities 80,000 Net Income 70,000 Shares Outstanding 10,000 Accounts Receivable 75,000 Sales 400,000
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