Cotabato, Inc. presented you with the following incomplete financial statements: Additional financial data for the...
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Accounting
Cotabato, Inc. presented you with the following incomplete financial statements: Additional financial data for the year is as follows: - The company's total long-term debt has a portion payable this current year. - For this problem, return on total assets is computed as: - Return on Total Assets = Net Income After Tax / Total Assets - Use 360 days as the numerator of your collection period or days sales in receivables
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