Question
Below there is information about the company ABC at the end of the previous year (in $): Debt to asset ratio = 25% , Net
Below there is information about the company ABC at the end of the previous year (in $): Debt to asset ratio = 25% , Net profit margin = 13%, Return on Assets = 16%, Sales = 60,000, Inventory = 30,000, Cost of Goods Sold = 25,000.
i) Using the above information, you are required to calculate the following:
A. Net income, B. Total assets, C. Total debt, D. Shareholders equity, E. Return on Equity, F. Asset turnover, G. Inventory days outstanding, H. Net Profit Margin, I. Gross Margin.
According to the above information, describe the company's current condition and would you recommend someone to invest on the company?
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