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Conduct the following questions: A company has sales = $800,000. The company has EBIT = $450,000. The company needs to pay an interest of $100,000.
Conduct the following questions:
- A company has sales = $800,000. The company has EBIT = $450,000. The company needs to pay an interest of $100,000. What is the times interest earned ratio? (1 point)
- What is the return on stockholders' equity for a firm with a net profit of $62,000, sales of $620,000, an equity multiplier of 1.8, and total assets turnover of 2.2. (2 points)
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The Art Of The Steal How To Protect Yourself And Your Business From Fraud
Authors: Frank W. Abagnale
1st Edition
0767906845, 978-0767906845
