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Follies Bookstore, the Only Bookstore Close to Campus, Had Net

Question 126

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Follies Bookstore, the only bookstore close to campus, had net income in 2005 of $90,000. Here are some of the financial ratios from the annual report. Follies Bookstore, the only bookstore close to campus, had net income in 2005 of $90,000. Here are some of the financial ratios from the annual report.    Using these ratios, calculate the following for Follies Bookstore: a) Sales b) Total assets c) Total asset turnover d) Total debt e) Stockholders' equity f) Return on equity
Using these ratios, calculate the following for Follies Bookstore:
a) Sales
b) Total assets
c) Total asset turnover
d) Total debt
e) Stockholders' equity
f) Return on equity

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