Determine each of the following: a. If your current ratio is 2 and your...
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Accounting
Determine each of the following:
a. If your current ratio is 2 and your current assets are $600,000 what is the amount of your current liabilities?
b. If your debt to equity ratio is 1.5 and your total liabilities are $200,000 what is your total stockholders' equity?
c. If your return on sales is 8% and your net income is $2,000,000, how much sales did you generate during the year?
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