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1) Taiwo Motors Inc. recently reported $2.25 million of net income. Its Earnings before income tax was $5.25 million, and its tax rate was 40%.
1) Taiwo Motors Inc. recently reported $2.25 million of net income. Its Earnings before income tax was $5.25 million, and its tax rate was 40%. What was its interest expense?
2) Thomas Corners Inc. recently reported net income of $4.3 million and depreciation of $731,000. What was its net cash flow?
3) Reno Revolvers has an EPS of $2.40, a cash flow per share of $3.35, and a price/cash flow ratio of 5.0. What is its P/E ratio?
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