Question

The following data were taken from the financial statements of Orion Systems Inc. for the current fiscal year:


Assuming that total assets were $2,009,000 at the beginning of the year, determine the following: (a) Ratio of fixed assets to long-term liabilities,
(b) Ratio of liabilities to stockholders’ equity,
(c) Asset turnover,
(d) Rate earned on total assets, and
(e) Rate earned on stockholders’ equity. Round to two decimalplaces.


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  • CreatedMay 29, 2012
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