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Financial Information for Sigma Company Is Presented Below

Question 200

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Financial information for Sigma Company is presented below.Calculate the following ratios for Year 2:
(a)Inventory turnover.
(b)Accounts receivable turnover.
(c)Return on total assets.
(d)Times interest earned.
(e)Total asset turnover.
Financial information for Sigma Company is presented below.Calculate the following ratios for Year 2: (a)Inventory turnover. (b)Accounts receivable turnover. (c)Return on total assets. (d)Times interest earned. (e)Total asset turnover.

Correct Answer:

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(a)Inventory turnover:
$123,000/[($61,00...

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