Colors Inc.gathered the following year-end data (in thousands)for 2008 and 2007:
The current ratio at the end of 2010 was (show your work):
The return on assets for 2010 was (show your work):
The return on owners' equity for 2010 was (show your work):
The asset turnover ratio for 2010 was (show your work):
The gross margin percentage for 2010 was (show your work):
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