FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
The initial analysis should include the following:
- The ratio equation
- The calculation of the ratio using the equation and the pre-assigned Quick Study or Exercise from the textbook. (See below)
- Use the result in a sentence; i.e. For every dollar invested in assets the company is earning 22.4 cents or 22.4% in net income.
- Then explain whether this is a good result or a result that needs improving.
- Use citations to cite any outside sources used.
- The original post should include at least three (3) sentences but no more than seven (7) sentences.
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