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All things being equal, Genetic Science (Pty) Ltd had annual sales of R700 000, an earnings before interest and tax (EBIT) margin of 25%, and
- All things being equal, Genetic Science (Pty) Ltd had annual sales of R700 000, an earnings before interest and tax (EBIT) margin of 25%, and is taxed at 35%. If the company had an interest coverage ratio of 10 and incurred liabilities of R400 000 on a debt ratio of 50%, what is the company’s return on asset (ROA)?
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1 Calculate the companys EBIT EBIT sales EBIT margin EBIT R700000 25 EBI...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
