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Exhibit 10 -Refer to Exhibit 10

question 7

Multiple Choice

Exhibit 10.9
Use the Information Below for the Following Problem(S)
You are provided with the following year end information for All Systems Corporation.
Income Statement DataSalesOperating IncomeDepreciationInterest ExpensePretax IncomeIncome TaxesNet Income after taxBalance Sheet DataFixed AssetsTotal AssetsWorking CapitalTotal DebtEquity80028085481475295810105085640410\begin{array}{c}\begin{array}{lll}\text{Income Statement Data}\\\text{Sales}\\\text{Operating Income}\\\text{Depreciation}\\\text{Interest Expense}\\\text{Pretax Income}\\\text{Income Taxes}\\\text{Net Income after tax}\\\\\text{Balance Sheet Data}\\\text{Fixed Assets}\\\text{Total Assets}\\\text{Working Capital}\\\text{Total Debt}\\\text{Equity}\\\end{array}\begin{array}{lll}&&\end{array}\begin{array}{r}\\800 \\280 \\85 \\48 \\147 \\52 \\95\\\\\\810 \\1050 \\85 \\640 \\410\end{array}\end{array}
-Refer to Exhibit 10.9.Calculate the financial leverage ratio used in DuPont analysis.


Definitions:

Teenage Years

Are the period of life usually ranging from ages 13 to 19, encompassing the transition from childhood to adulthood.

Adulthood

A stage of life characterized by physical maturity and social responsibility, following adolescence and potentially extending throughout one's life.

Mutual Adjustment

The process by which individuals or groups modify their actions and behaviors in response to others to achieve coordination and harmony.

Formal Communication

The exchange of information through officially designated channels and structures within an organization.

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