Solution-Compute total assets-sales-net income and common

Compute total assets-sales-net income and common equity

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A company has a Debt ratio of 60%, ROA = 8%, ROE = 20%, Total Asset turnover = 1.8, and total liabilities = $90,000. Compute total assets, sales, net income and common equity (the firm has no preferred stock).

Reference no: EM131190086

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Compute total assets-sales-net income and common equity : A company has a Debt ratio of 60%, ROA = 8%, ROE = 20%, Total Asset turnover = 1.8, and total liabilities = $90,000. Compute total assets, sales, net income and common equity (the firm has no preferred stock).

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Compute total assets-sales-net income and common equity

Reference no: EM131190086

Reference no: EM131190086

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