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  3. income statement balance sheet sales $20,

Income Statement Balance Sheet Sales $20,000,000...

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Finance

Income Statement Balance Sheet
Sales $20,000,000 Assets:
Cost of Goods Sold 8,000,000 Cash $5,000,000
12,000,000 Marketable Securities 12,500,000
Selling and Administrative 1,600,000 Accounts Receivable, net 2,500,000
Depreciation 3,000,000 Inventory 30,000,000
EBIT 7,400,000 Prepaid Expenses 5,000,000
Interest 2,000,000 Plant & Equipment 30,000,000
5,400,000
Taxes (40%) 2,160,000 Total Assets 85,000,000
3,240,000
Common Stock Div. 600,000 Liabilities and Equity:
$2,640,000 Accounts Payable $20,000,000
Notes Payable 5,000,000
Shares outstanding of common stock = 1,000,000 Accrued Expenses 5,000,000
Market price of common stock = $18 Bonds Payable 25,000,000
Common Stock 5,000,000
Capital in Excess of Par 10,000,000

Retained Earnings

15,000,000
Total Liabilities and Equity 85,000,000

Please answer the following questions questions:

12. The Market to Book ratio is:

13. The Debt to Equity ratio is:

14. The Inventory Turnover ratio is:

15. The Return on Equity is:

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