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1. Please compute the ROA and ROE. 2. Please compute the EPS. Show the necessary formula and steps needed Income Statement For First Quarter 2022
1. Please compute the ROA and ROE.
2. Please compute the EPS.
Show the necessary formula and steps needed
Income Statement For First Quarter 2022 \begin{tabular}{|l|r|} \hline Net Sales Revenue & $496,846 \\ \hline - Cost of Goods Sold & $301,836 \\ \hline Gross Profits & $195,010 \\ \hline Operation Expenses (other than depr. \& amortization) & $103,723 \\ \hline Net Operating Income Bef. Interest, Tax, Depr. \& Amort. (EBITDA) & $91,287 \\ \hline Depreciation \& Amortization Expenses & $6,800 \\ \hline Net Operating Income Bef. Interest and Tax (EBIT) & $84,487 \\ \hline +- Gain / Loss on Disposal of Long-term Assets & $2,115 \\ \hline - Interest Expenses & $1,463 \\ \hline Net Income Before Tax (NIBT) & $85,139 \\ \hline - Income Tax (28\%) & $23,839 \\ \hline Net Income & $61,300 \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline + Beginning Balance of Retained Earnings & $146,780 \\ \hline - Dividends & $5,040 \\ \hline Ending Balance of Retained Earnings & $203,040 \\ \hline \end{tabular} Great Adventures, Inc. Balance Sheet (In USD 1,000)Step by Step Solution
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