1. Precious Metal Mining has $11 million in sales, its ROE is 10%, and its total assets turnover is 3.2. Common equity on the firms balance sheet is 50% of its total assets. What is its net income? Do not round intermediate calculations. Round your answer to the nearest cent.

2.

Broward Manufacturing recently reported the following information:

Net income	$597,000
ROA	10%
Interest expense	$226,860
Accounts payable and accruals	$1,050,000

Broward's tax rate is 25%. Broward finances with only debt and common equity, so it has no preferred stock. 40% of its total invested capital is debt, and 60% of its total invested capital is common equity. Calculate its basic earning power (BEP), its return on equity (ROE), and its return on invested capital (ROIC). Do not round intermediate calculations. Round your answers to two decimal places.

BEP: __%

ROE: __%

ROIC: __%

3. You are given the following information: Stockholders' equity as reported on the firms balance sheet = $2.75 billion, price/earnings ratio = 9.5, common shares outstanding = 190 million, and market/book ratio = 2.5. The firm's market value of total debt is $6 billion, the firm has cash and equivalents totaling $220 million, and the firm's EBITDA equals $1 billion. What is the price of a share of the company's common stock? Do not round intermediate calculations. Round your answer to the nearest cent.

___%

What is the firm's EV/EBITDA? Do not round intermediate calculations. Round your answer to two decimal places.

___%