1. Consider the financial performance of Solar Power Solutions Inc.:

• Sales Revenue: $12 million
• Cost of Goods Sold: $5 million
• Administrative Expenses: $3 million
• Depreciation: $1 million
• Interest: $200,000
• Taxes: $800,000
• Total Assets: $20 million
• Current Assets: $6 million
• Current Liabilities: $3 million

Requirements:

• Calculate EBITDA.
• Determine the net income.

Compute the current ratio and return on assets (ROA).