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Abercrombie & Fitch.
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Abercrombie & Fitch.
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As you can see, someone has spilled ink over some of the entries in the balance sheet and income statement of Transylvania Railroad (Table 29.12).Â
Can you use the following information to work out the missing entries?
?c Financial leverage: .4.
?c Times-interest-earned: 8.
?c Current ratio: 1.4.
?c Quick ratio: 1.0.
?c Cash ratio: .2.
?c Return on total assets: .18.
?c Return on equity: .41.
?c Inventory turnover: 5.0.
?c Receivables’ collection period: 71.2days.
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