Calculate the ratios for the fiscal year


Prepare a single-step pro forma income statement for Calcor Company for the year ended November 30, 2009, assuming that Calcor's planned actions would be carried out, and that a 5% increase in unit sales would be realized.

• Calculate the following ratios for Calcor Company for the 2008-2009 fiscal year:

o Return on sales before interest and taxes.
o Turnover of average assets.
o Return on average assets before interest and taxes

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Accounting Basics: Calculate the ratios for the fiscal year
Reference No:- TGS062187

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