Question

. Consider the following financial statement data (in millions of dollars): Gross profit, $6; Total    ...

. Consider the following financial statement data (in millions of dollars): Gross profit, $6; Total

    debt = Stockholders’ equity; Sales, $30; Tax rate, 50%; Total assets, $20; Earnings before

   taxes, $8. (Note: Each answer below should report either 1 or 2 decimal places.) [17 points]

            (a) Calculate the gross profit margin ratio using financial statement data.b) Calculate the net profit margin ratio using financial statement data.(c) Calculate the debt ratio using financial statement data.(d) Calculate the return on assets ratio using an algebraic relationship that employs other

                  financial ratios (e) Calculate the return on equity ratio using an algebraic relationship that employs other

                  financial ratios.

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