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Compute the firms net profit margin, total asset turnover, and financial leverage multiplier (also known as the equity multiplier). Manufacturing, Inc. has the following financial

Compute the firms net profit margin, total asset turnover, and financial leverage multiplier (also known as the equity multiplier).

Manufacturing, Inc. has the following financial statements data for 2014:

Income Statement

Balance Sheet

Sales

$102,500

Cash

$40,000

Cost of Goods

$50,000

Fixed Assets

$55,000

SG&E Expenses

$35,000

Total Assets

$95,000

EBIT

$17,500

Accounts Payable

$12,000

Interest Expense

$2,500

Long-term Debt

$25,000

Taxes

$6,000

Retained Earnings

$28,000

Net Income

$9,000

Paid-in Common Equity

$30,000

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