Consider the financial performance of EcoEnergy Inc.:
•Sales Revenue: $19 million
•Cost of Goods Sold: $8.5 million
•Administrative Expenses: $4 million
•Depreciation: $1.2 million
•Interest: $450,000
•Taxes: $850,000
•Total Assets: $23 million
•Current Assets: $8.5 million
•Current Liabilities: $4 million
Requirements:
•Calculate EBITDA.
•Determine the net income.
•Compute the current ratio and return on assets (ROA).