The Moraine Company has net income of $166,850. There are currently 32.25 days' sales in...
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The Moraine Company has net income of $166,850. There are currently 32.25 days' sales in receivables. Total assets are $855,000, total receivables are $148,000, and the debt-equity ratio is .60 . a. What is the company's profit margin? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What is the company's total asset turnover? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. What is the company's ROE? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16
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