Question: You have the following information on for two companies Company X $100,000 $60,000 $120,000 $80,000 $40,000 $50,000 $7000 Gross sales Cost of goods sold
You have the following information on for two companies Company X $100,000 $60,000 $120,000 $80,000 $40,000 $50,000 $7000 Gross sales Cost of goods sold Total Assets Total Liabilities Current Assets Current Liabilities Net income 2.4 Calculate the following, for each company: (Include your calculation steps) Gross Profit Margin Current Ratio Total Equity Return on Equity (ROE) Return on Assets (ROA) Company Y $135,000 $100,000 $150,000 $125,000 $75,000 $70,000 $12,000 (50%)
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