Consider the financial performance of BioHealth Inc.:
•Sales Revenue: $27 million
•Cost of Goods Sold: $12 million
•Administrative Expenses: $5.5 million
•Depreciation: $1.7 million
•Interest: $650,000
•Taxes: $1.5 million
•Total Assets: $33 million
•Current Assets: $15 million
•Current Liabilities: $6.5 million
Requirements:
•Calculate EBITDA.
•Determine the net income.
•Compute the current ratio and return on assets (ROA).