Rondo Corporation's comparative balance sheets are presented here. Rondo's 2025 income statement included net sales of ($

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Rondo Corporation's comparative balance sheets are presented here.

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Rondo's 2025 income statement included net sales of \(\$ 120,000\), cost of goods sold of \(\$ 70,000\), and net income of \(\$ 14,000\).

Instructions
Compute the following ratios for 2025.

a. Current ratio.

b. Accounts receivable turnover.

c. Inventory turnover.

d. Profit margin.

e. Asset turnover.

f. Return on assets.
g. Return on common stockholders' equity.
h. Debt to assets ratio.

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Related Book For  book-img-for-question

Financial Accounting Tools For Business Decision Making

ISBN: 9781119791089

10th Edition

Authors: Paul D. Kimmel,  Jerry J. Weygandt,  Jill E. Mitchell

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