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.
a.Return on assets
b.Working capital
c.Return on equity
d.Current ratio
Definitions:
Seasonally Adjusted
A statistical technique used to remove seasonal variations from a data series to more clearly analyze trends.
Unemployment Rate
The fraction of individuals in the labor force who are without jobs and are searching for employment.
Percentage Point
A unit of measurement used in expressing the difference between two percentages or proportion values.
Seasonally Adjusted
A statistical technique used to remove seasonal variations from data to reveal underlying trends.
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