The table compares the national averages for an industry to the results for a given company in the industry. Identify any areas that might require attention by management and offer suggestions.
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Q11: The following chart shows some figures from
Q12: Provide an appropriate response.
-Explain the purpose of
Q13: Complete the income statement.
-Central Data Inc. had
Q14: The table compares the national averages for
Q15: Complete the income statement.
-Cindy's Sweet Shop had
Q17: Find the ratio of net income after
Q18: Complete the balance sheet.
-Clara's Secretarial Services: net
Q19: Calculate the current ratio and the acid-test
Q20: Provide an appropriate response.
-Explain the purpose of
Q21: Complete the balance sheet.
-Mullen's Hardware: mortgage $36,000;
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