Question: CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 3 Tries remaining1 Marked out of 200 Rag question Profitability, Liquidity, and Solvency Ratios Shannon Corporation gathered the

 CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 3 Tries remaining1 Marked
out of 200 Rag question Profitability, Liquidity, and Solvency Ratios Shannon Corporation

CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 3 Tries remaining1 Marked out of 200 Rag question Profitability, Liquidity, and Solvency Ratios Shannon Corporation gathered the following information from its 2013 financial statements: Net Sales Net Income Cash provided by Operating Activities Expenditures on Property. Plant and Equipment Current Assers Current Liabilities Total Assets 191,000 25,200 46,000 14,000 51,500 27,000 141,000 97,500 Total Liabilites Using the above data, calculate the following (1) return on sales ratio, (2) current ratio, (3) debt-to-total-assets ratio, and (4) free cash flow. (Round return on sales and debt-to-total assets ratios to one decimal point and round current ratio to two decimal points.) Return on Sales Racio Current Ratio Debi-to Total Assets Ranio Free Cash Flow Next page MacBook Air 0 3 4 5 9

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