Consider the financial performance of Retail Pioneers Inc.:
•Sales Revenue: $25 million
•Cost of Goods Sold: $11 million
•Administrative Expenses: $6 million
•Depreciation: $1.5 million
•Interest: $600,000
•Taxes: $1.2 million
•Total Assets: $28 million
•Current Assets: $12 million
•Current Liabilities: $5 million
Requirements:
•Calculate EBITDA.
•Determine the net income.
•Compute the current ratio and return on assets (ROA).