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Refer to Recovery Solutions, Inc

question 151

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Refer to Recovery Solutions, Inc. Evaluate the company's profitability ratios for 2015 and 2014, including the gross profit percentage, operating margin percentage, net profit margin percentage, return on assets, and return on equity. Assume that total assets and total stockholders' equity at June 30, 2013 were $1,250,000 and 969,000, respectively. Also assume that the tax rate is 30% for all periods presented.


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A distinct set of concepts or thought patterns, including theories, research methods, postulates, and standards for what constitutes legitimate contributions to a field.

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A fundamental set of concepts and propositions that defines a discipline's overarching framework or viewpoint.

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Related to syntax, which is the set of rules, principles, and processes that govern the structure of sentences in a given language or system.

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