Calculate the Following Financial Ratios for the Hokie Corporation Using

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The Answer is Current ratio = ($46/$28) = 1.64
Acid test ratio = ($20/$28) = 0.71
Debt ratio = ($46/$106) = 0.43
Long-term debt to total capitalization = ($18/$78) = 0.23
Return on total assets = ($26/$106) = 0.25
Return on common equity = ($26/$60) = 0.43

Calculate the Following Financial Ratios for the Hokie Corporation Using

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Calculate the Following Financial Ratios for the Hokie Corporation Using

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Correct Answer:VerifiedShow Answer

Correct Answer:
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