Question Details

Hansen Corporation had net income for the year of $300,000 



1. Hansen Corporation had net income for the year of $300,000 and a profit margin ratio of
25%. If total average assets were $200,000, the asset turnover ratio was ____________
times.
2. The ______________ ratio measures the percentage of earnings distributed in the form of cash dividends.
3. The lower the _______________ to _______________ ratio, the more equity "buffer" is available to the creditors if the company becomes insolvent.



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