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A financial Analyst had collected the following information about ABC Inc. by the end of 2018: Total Stockholders' equity was $12 million in which $4
A financial Analyst had collected the following information about ABC Inc. by the end of 2018: Total Stockholders' equity was $12 million in which $4 million is belong to preferred stocks. Long Term Debt was $6 million including $3 million of debentures (secured bonds). Treasury Stocks amounted 1.5 million and intangibles $0.5 million. The total Capitalization of the ABC: O b. $10 million $13 million $12 million d. $10.5 million operating income 59,300 and net income $38,400. If net sales for the same $120,000, the net profit ratio was a. 49.4% b. 26.6% C. 32% d. 76% Clear my choice Time left 0:50:34
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