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Below is selected financial data on Peter Parker Insect Control Company. Net profit margin: 8.6% COGS...

Below is selected financial data on Peter Parker Insect Control Company.

Net profit margin: 8.6%

COGS $3,700,000

Addition to retained earnings: $115,000

Current ratio: 2.5

Price-earnings ratio: 15.2

Current liabilities: $400,000

Fixed asset turnover: 1.5

Gross margin: 26%

Equity multiplier: 1.75

Common shares:                         650,000

Determine the following (show all calculations):

a. Fixed assets (2 points) - round to nearest $

b. Total assets (2 points) - round to nearest $

c. Total liabilities (2 points) - round to nearest $

d. Return on equity (2 points) - use 2 decimals

e. Share price (2 points) - use 2 decimals

Solutions

Expert Solution

please round it to nearest dollar i solved exactly with decimals

jeff jeffy answered 2 years ago
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