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Comacho Traders Has Total Assets of $513,480 and Sales of $723,062

question 36

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Comacho Traders has total assets of $513,480 and sales of $723,062. What is the firm's capital intensity ratio? (Round to two decimal places.)

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Definitions:

Women's Christian Temperance Union

An organization founded in 1874 advocating for the prohibition of alcohol, using women's supposedly greater purity and morality as a rallying point.

Prohibition

A period in U.S. history (1920-1933) during which the manufacture, sale, and transportation of alcoholic beverages were legally prohibited.

Women's Suffrage

The right of women to vote in elections, achieved through a long struggle and culminating in the United States with the 19th Amendment in 1920.

Philippine War

American military campaign that suppressed the movement for Philippine independence after the Spanish-American War; America’s death toll was over 4,000 and the Philippines’ was far higher.

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