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Consider the financial performance of GreenTech Solutions Inc.: Sales Revenue: $18 million Cost of Goods Sold: $7.5 million Administrative Expenses: $3.5 million Depreciation: $1 million
Consider the financial performance of GreenTech Solutions Inc.:
•Sales Revenue: $18 million
•Cost of Goods Sold: $7.5 million
•Administrative Expenses: $3.5 million
•Depreciation: $1 million
•Interest: $400,000
•Taxes: $900,000
•Total Assets: $22 million
•Current Assets: $9 million
•Current Liabilities: $4 million
Requirements:
•Calculate EBITDA.
•Determine the net income.
•Compute the current ratio and return on assets (ROA).
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