Question: Show the steps that lead to the correct answer Show the steps that lead you to your answer 1. Juno, Inc. has a profit margin

Show the steps that lead to the correct answer  Show the steps that lead to the correct answer Show the
steps that lead you to your answer 1. Juno, Inc. has a

Show the steps that lead you to your answer 1. Juno, Inc. has a profit margin of 4.8 percent and a capital intensity ratio of .86. The net profit is $420 and the tax rate is 35 percent. What are the total sales for the period? 2. Preston & Daughter has net working capital of $1,100, a current ratio of 1.2, net fixed assets of $18,700, and total assets of $24,900. What is the amount of the current liabilities? 3. On a common-size statement, inventory is expressed as a percent of: a. net income. b. EBIT total assets. C. d. sales

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