Answered step by step
Verified Expert Solution
Question
1 Approved Answer
based on the following information. Taxes are 0.4 , EBIT $290, DEBT(at 10% interest ) of $190, equity $450 sales is 7 times of net
based on the following information. Taxes are 0.4 , EBIT $290, DEBT(at 10% interest ) of $190, equity $450 sales is 7 times of net income what is the return on assets? Answer for part 1 what is the return o equity Answer for part 2 what is the financial leverage ratio(assets and equity)? Answer for part 3 what is the profit margin Answer for part 4 what is the total asset? Answer for part 5 please answer as soon as
based on the following information. Taxes are 0.4 , EBIT $290, DEBT(at 10% interest ) of $190, equity $450
sales is 7 times of net income
what is the return on assets?
Answer for part 1
what is the return o equity
Answer for part 2
what is the financial leverage ratio(assets and equity)?
Answer for part 3
what is the profit margin
Answer for part 4
what is the total asset?
Answer for part 5
please answer as soon as
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started