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Using the Following Amounts Taken from the Balance Sheet and Income

question 48

Essay

Using the following amounts taken from the balance sheet and income statement of a business,compute the measures listed below.After each answer,write "L" if it is a measure of liquidity or "P" if it is a measure of profitability.Round to two decimal places.
 Current assets $6,000 Average stockholders’ equity $15,000 Average total assets 30,000 Net sales 19,500 Current liabilities 4,500 Net income 2,400 Long-term liabilities 10,500\begin{array}{lrlr}\text { Current assets } & \$ 6,000 & \text { Average stockholders' equity } & \$ 15,000 \\\text { Average total assets } & 30,000 & \text { Net sales } & 19,500 \\\text { Current liabilities } & 4,500 & \text { Net income } & 2,400 \\\text { Long-term liabilities } & 10,500 & &\end{array}
a. Return on assets
b. Working capital
c. Return on equity
d. Current ratio

Relate the biochemical pathways of photosynthesis to the ecological cycle and energy flow through ecosystems.
Explain the structural and functional differences between photosystems I and II, and their significance in the photosynthetic process.
Describe the process of carbon fixation and its importance to the biosphere.
Analyze the impact of light quality on photosynthesis and plant growth.

Definitions:

Big Five

A personality model identifying five major dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism, used to describe and predict individual differences.

English-Language Dictionary

A compendium of words and their definitions used in the English language.

Adjectives

Words that describe or modify nouns, giving more information about the characteristics or qualities of the nouns they describe.

Continuum

A continuous sequence in which adjacent elements are not perceptibly different from each other, but the extremes are quite distinct.

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