Selected balances from a company's financial statements are shown below:
Use the information above to calculate the following current year ratios:
(a) 2014 inventory turnover.
(b) Days' sales uncollected at Dec.31,2014.
(c) 2014 profit margin.
(d) 2014 return on total assets.
Definitions:
Kennedy's Assassination
The event on November 22, 1963, when President John F. Kennedy was killed by Lee Harvey Oswald in Dallas, Texas.
President Johnson
Refers to Lyndon B. Johnson, the 36th President of the United States (1963-1969), known for his domestic policies named the "Great Society."
Great Society
A set of domestic programs in the United States launched by President Lyndon B. Johnson aimed at eliminating poverty and racial injustice.
Accomplishments
Achievements or successes achieved through effort, skill, or courage, often recognized and respected by others.
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