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2 : 2 3 . ll 5 G + File Details Spring 2 0 2 4 BUSINESS FINANCE ( FIN - 3 6 0 5

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.ll 5G+
File Details
Spring 2024 BUSINESS FINANCE (FIN-36053-200)
Calculate the financial ratios from the following information:
INCOME STATEMENT
\table[[2017],[Sales,186,570],[Cost of Goods Sold,125,803],[Depreciation,5,373],[EBIT,55,394],[Interest Paid,1,470],[Taxable Income,53,924],[Taxes,18,873],[Net Income,35,051],[,,],[, Dividends,11,865],[Retained Earnings,23,186]]
Calculate each of the ratios for both years (based on table 3.6), where possible except the market ratios.
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