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No explanation needed Using the financial statements for the Jackson Corporation, calculate the 13...

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Accounting

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Using the financial statements for the Jackson Corporation, calculate the 13 basic ratios found in the chapter. "Includes $39,600 in lease payments. Using the above financial statements for the Jackson Corporation, calculate the following ratios. \begin{tabular}{|l|l|l|} \hline & \multicolumn{2}{|c|}{ Profitability Ratios } \\ \hline Profit margin & & % \\ \hline Return on assels (investment) & & % \\ \hline Return on equity & & % \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline & Assets Utilization Ratios \\ \hline Receivable turnover & & times \\ \hline Average collection period & & days \\ \hline Inventory turnover & times \\ \hline Fixed assel turnover & times \\ \hline Total asset turnover & times \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline & Debt Utilization Ratios \\ \hline Debt to total assets & & % \\ \hline Times interest earned & times \\ \hline Fixed charge coverage & times \\ \hline \end{tabular}

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