KMART CORPORATION

Current ratio 1.5 Working capital P20,000 Debt/equity ratio .8 Return on equity .2 If net income for 1997 is P40,000, the balance sheet at the end of 1997 total assets of . a. P340,000 b. P360,000 c. P300,000 d. P400,000. 33. An enterprise has total asset turnover of 3.5 times and a total debt to total … ................
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