(b) Inventory turnover. (Inventory on December 31, 2025, was \$410.) (c) Profit margin. (d) Return...
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(b) Inventory turnover. (Inventory on December 31, 2025, was \$410.) (c) Profit margin. (d) Return on assets. (Assets on December 31, 2025, were \$2,540.) (e) Return on common stockholders' equity. (Stockholders' equity-common on December 31, 2025, was \$950.) (f) Debt to assets ratio. (g) Times interest earned. Question 3 The condensed financial statements of Pharoah Company for the years 2026 and 2027 are as follows. Compute the following ratios for 2027 and 2026. (Round current ratio and inventory turnover to 2 decim (a) Current ratio. (b) Inventory turnover. (Inventory on December 31, 2025, was $410.) (c) Profit margin
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