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Part 3: Financial Ratios Review (32 marks)
The following table presents the data for CanDo Inc. as of December 31, 2018:
| Accounts payable | $126,000 |
| Accounts receivable | $165,000 |
| Cash and cash equivalents | $106,000 |
| CoGS | $271,600 |
| Common stock | $1,090,000 |
| Depreciation | $42,000 |
| Dividend payout ratio | 40% |
| Interest paid | $38,596 |
| Inventory | $175,000 |
| Long-term debt | $1,856,000 |
| Net fixed assets | $2,932,000 |
| Sales | $440,000 |
| Short-term debt | $142,872 |
| Tax rate | 31% |
Calculate the following financial ratios for CanDo Inc. in the fiscal year of 2019 (round all answers to six decimal places):
1. Interval measure
2. total debt ratio
3. debt equity
4. equity multiplier
5. long term debt ratio
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