Assume that comparative statements of financial position (balance sheets) for EBDL indicate average...
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Accounting
Assume that comparative statements of financial position balance sheets for EBDL indicate average total assets for the year of $ and average total equity of $ Compute a Gross profit rate; b Net income as a percentage of net sales; c Return on assets; and Return on equity. 
Assume that comparative statements of financial position balance
sheets for EBDL indicate average total assets for the year of $
and average total equity of $
Compute a Gross profit rate; b Net income as a percentage of net
sales; c Return on assets; and Return on equity.
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