Using the Selected Information Given Below for Bliss Company, Calculate

question 199

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Using the selected information given below for Bliss Company, calculate return on assets, debt ratio, and profit margin. Comment on the results of operations and the financial position of the company for the year. Return on assets = ($950,000-795,000)/((1,900,000+1,500,000)/2) =9.1%
Debt ratio=$850,000/1,900,000=44.7%
Profit margin=$155,000/950,000=16.3%

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