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Calculate the Return on Sales and Asset Turnover
1. Complete a trend analysis for the items below for the last three years using the earliest year as the base year.
2. Complete a vertical analysis for the Balance Sheet and Income Statement.
3. Calculate the ratios in the attachment for the last three years. Include a DuPont Analysis of ROE including computations of Return on Sales, Asset Turnover, and Return on Assets, Financial Leverage, and Return on Equity.
Promissory Note - Evidence of a DEBT with specific amount due and interest rate. Note may specify a maturity date or it may be payable on demand. Promissory note may or may not acc
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WHAT IS dEPRECIATION?
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GOODS AT BRANCH MARKED DOWN, OR MARKED UP BY AN ADDITIONAL AMOUNT If goods at the branch are not selling well, branch could be authorized by the Head office to mark-down the good
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