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Using the Following Amounts Taken from the Balance Sheet and Income

Question 116

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Using the following amounts taken from the balance sheet and income statement of a business,compute the measures listed below.After each answer,write "L" if it is a measure of liquidity or "P" if it is a measure of profitability.Round to two decimal places.
Using the following amounts taken from the balance sheet and income statement of a business,compute the measures listed below.After each answer,write L if it is a measure of liquidity or P if it is a measure of profitability.Round to two decimal places. a.Return on assets b.Working capital c.Return on equity d.Current ratio a.Return on assets
b.Working capital
c.Return on equity
d.Current ratio

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a.8% P ($4,800 F1F1F1...

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