Question
A company has sales of $37,000 and total costs of $20,000, including depreciation and interest expenses. The average tax rate is 50%. Total assets are
A company has sales of $37,000 and total costs of $20,000, including depreciation and interest expenses. The average tax rate is 50%.
Total assets are $51,000 and total equity is $39,000.
What is the company's net income?
What is the total debt ratio (including all liabilities)?
What is the total asset turnover?
What is the profit margin?
What is the ROE?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham
Concise 9th Edition
1305635937, 1305635930, 978-1305635937
