1. Fixed assets = $200,000, FAT = 2.5, AT = 1.6, Profit margin = 5%, ROE = 10%.

Find out: a. Net Income b. Equity c. DE ratio d. Debt ratio *note: to calculate FAT, use fixed assets ROE; use OE

2. PM = 8%, NI = $800k, FAT =3.5, ROE=10%, Liab = $1million.

Find out: a. Sales Rev b. FA c. Equity d. DE ratio e. AT ratio *note: to calculate AT, use total assets FAT, use fixed assets

3. TA = 2.5 million Rev = 2 million, PM = 0.1 ROE = .15 .

Find out: a. Net income b. Equity c. Total debt *note: to calculate ROE, use OE