Assessing Financial Ratios

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5 Questions

RK Company's sales revenue for the year ended December 31, 2022 is ______.

10,000,000

RK Company's cost of goods sold for the year ended December 31, 2022 is ______.

7,500,000

RK Company's gross profits for the year ended December 31, 2022 is ______.

2,500,000

RK Company's total operating expense for the year ended December 31, 2022 is ______.

1,200,000

RK Company's earnings per share (EPS) for the year ended December 31, 2022 is ______.

3.05

Calculate RK Company's financial ratios using the provided financial statements, historical ratios, and industry averages. Determine the company's profitability, liquidity, and efficiency based on the most recent year's data.

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