Question: Refer to the data in S10-8. Using only year-end figures rather than averages, compute the following for Ridgeview Employment Services: a. Net income b. Total

Refer to the data in S10-8. Using only year-end figures rather than averages, compute the following for Ridgeview Employment Services:

a. Net income

b. Total liabilities

c. Total assets (use the accounting equation)

d. Net profit ratio

e. Asset turnover

f. Leverage ratio

g. Return on equity

What additional information do you need before you can use this data to make decisions?


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