Round intermediate calculations and final answers to 2 decimal places.) ces INCOME STATEMENT (Figures in $ millions) Net sales Cost of goods sold 265.00 135.00 Note: Turnover and the average collection period are calculated using start-of-year, not average, values. 8.6 3.0 73 days ok t Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity.
ork 4 (Chapter 4) Saved Help Save & Exit Sub Check my world Long-term debt ratio Times interest earned Current ratio Quick ratio Cash ratio Inventory turnover Average collection period 8. Transcribed image text: uuulllive electronic.
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