Given are the profitability ratios of Cherry Corp. for the year ended December 31, 2021:Return...
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Accounting
Given are the profitability ratios of Cherry Corp. for the year ended December 31, 2021:
Return on sale 5%
Return on assets 10%
Return on equity 25%
1. What is the debt-to-equity ratio of Cherry Corp?
Given are the profitability ratios of Cherry Corp. for the year ended December 31, 2021:
Return on sale 5%
Return on assets 10%
Return on equity 25%
2. What is the equity ratio of Cherry Corp?
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