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ADM Ply Ltd has Total Assets of R850 000. Debt ratio for the firm is 80% of which 70% is long term liabilities. The Asset
ADM Ply Ltd has Total Assets of R850 000. Debt ratio for the firm is 80% of which 70% is long term liabilities. The Asset turnover is 6, net profit margin is 12%, the interest rate is 8% and tax rate is 40% for the firm.
Calculate the following for the firm:
- Sales for the company is R
- Net profit after tax is r
- Taxes are R
- Interest expense for the firm is R
- Eamings before interest and tax is R
- The coverage ratio for the firm is
- Retur on assets is
- Return on equity is
and Earnings before tax is therefore R
%
9. The current liabilities figure for the firm is R
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