FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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The following information of Red Oak Manufacturing is available for the current year:
Net income | $844,200 |
Net sales | 6,809,000 |
Average total assets | 5,911,000 |
Average |
2,575,000 |
The total leverage as per the DuPont analysis computation is
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