Question: From the data given in the following table, please construct as many of the financial ratios discussed in this chapter as you can and then
Business Assets Cash account Accounts receivable Inventories Fixed assets Miscellaneous assets S60 155 128 286 96 725 Annual Revenue and Expense Items Net sales Cost of goods sold Wages and salaries Interest expense Overhead expenses Depreciation expenses Selling, administrative, and other expense S600 445 52 28 29 12 28 Liabilities and Equity Short-term debt counts payable Notes payable Long-term debt (bonds) Equity capital 108Before-tax net income 117* Taxes owed 325 After-tax net income 15 160 725 Ac
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