Consider the financial performance of Future Energy Inc.:
•Sales Revenue: $23 million
•Cost of Goods Sold: $10 million
•Administrative Expenses: $4.5 million
•Depreciation: $1.3 million
•Interest: $450,000
•Taxes: $1.1 million
•Total Assets: $27 million
•Current Assets: $10 million
•Current Liabilities: $4.5 million
Requirements:
•Calculate EBITDA.
•Determine the net income.
•Compute the current ratio and return on assets (ROA).