Analyze the financial performance of Le Petit Bistro using the following information Net Sales 1,500,000 Cost of Goods Sold 600,000 Operating Expenses 350,000 Interest Expense 25,000 Income Tax Expense 100,000 Average Total Assets 2,000,000 Average Total Equity 800,000 Calculate the following finan...

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Analyze the financial performance of Le Petit Bistro using the following information: Net Sales: 1,500,000 Cost of

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Analyze the financial performance of Le Petit Bistro using the following information:

Net Sales: €1,500,000
Cost of Goods Sold: €600,000
Operating Expenses: €350,000
Interest Expense: €25,000
Income Tax Expense: €100,000
Average Total Assets: €2,000,000
Average Total Equity: €800,000

Calculate the following financial ratios: gross profit margin, operating profit margin, return on assets (ROA), return on equity (ROE), debt-to-equity ratio, and interest coverage ratio.

Interpret the results of the financial ratios and provide recommendations for Le Petit Bistro's financial management.

Posted Date: Jun 07, 2024 02:49 AM

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Analyze the financial performance of Le Petit Bistro using the following information: Net Sales: 1,500,000 Cost of

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