Question: The financial information below was taken from the records of

The financial information below was taken from the records of Lotechnic Enterprises. The company pays no dividends.


a. Compute the current ratio, the debt/equity ratio, and return on assets for each of the four years. Assume that the year-end balances in 2012 reflect the average balances during the year. Assume a tax rate of 30 percent.
b. Prepare a common-size balance sheet for each of the four years.
c. Use the statement of cash flows, and analyze the earning power and solvency positions ofLotechnic.


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  • CreatedAugust 19, 2014
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