Question: Long term debt ratio 0.3 Times interest earned 10.0 Current ratio 1.6 Quick ratio 1.0 Cash ratio 0.3 Inventory turnover 3.0 Average collection period 73

Long term debt ratio 0.3 Times interest earned 10.0 Current ratio 1.6 Quick ratio 1.0 Cash ratio 0.3 Inventory turnover 3.0 Average collection period 73 days

Use the above information from the tables to work out the following missing entries, and then calculate the companys return on equity. Note: Turnover and the average collection period are calculated using startofyear, not average, values.

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