Problem 5-10A The following selected information is available for Canfor Corporation, a British Columbia-based forest...
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Accounting
Problem 5-10A The following selected information is available for Canfor Corporation, a British Columbia-based forest products company, for three fiscal years (in $ millions): 2015 2014 2013 Current assets $990.8 $902.6 $752.4 Current liabilities 635.1 425.9 440.5 Sales 3,925.3 3,347.6 3,194.9 Cost of goods sold 2,780.8 2,201.9 2,036.8 Net income 91.9 221.8 250.5 Calculate the current ratio, gross profit margin, and profit margin for each year. (Round answers to 1 decimal place, e.g. 1.5.) 2015 2014 2013 Current ratio Gross profit margin Profit margin
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