Excerpts from the 2012 financial report of Cisco Systems, a leading Internet networker, are provided below dollars

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Excerpts from the 2012 financial report of Cisco Systems, a leading Internet networker, are provided below dollars in millions).


Review the information, calculate relevant ratios from Figure 5–3, and explain why Cisco appears to be a good or poor investment. The tax rate was 20.8 percent.

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