Complete the missing entries in the table given below Problem 4-22 Financial Ratios (LO3) Long-term debt ratio

Complete the missing entries in the table given below

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Problem 4-22 Financial Ratios (LO3) Long-term debt ratio Times interest earned Current ratio Quick ratio Cash ratio Inventory turnover Average collection period 0.1 10.0 1.2 Income Statement 1.0 0.4 3.0 Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Inventory turnover, average collection period, and return on equity are calculated using start-of-year, not average, values. Balance Sheet 73 days Complete this question by entering your answers in the tabs below. Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Inventory turnover, average collection period, and return on equity are calculated using start-of-year, not average, values. Note: Enter your answers in mins. Round intermediate calculations and final answers to 2 decimal places. Show less A Problem 4-22 Financial Ratios (LO3) Long-term debt ratio Times interest earned Current ratio Quick ratio Cash ratio Inventory turnover Average collection period 0.1 10.0 1.2 Income Statement 1.0 0.4 3.0 Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Inventory turnover, average collection period, and return on equity are calculated using start-of-year, not average, values. Balance Sheet 73 days Complete this question by entering your answers in the tabs below. Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Inventory turnover, average collection period, and return on equity are calculated using start-of-year, not average, values. Note: Enter your answers in mins. Round intermediate calculations and final answers to 2 decimal places. Show less A

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To complete the missing entries in the income statement and balance sheet we need to employ the given financial ratios and the rules of accounting Lets go step by step starting with the income stateme... View the full answer