Consider the financial performance of SolarTech Corp.:
•Sales Revenue: $26 million
•Cost of Goods Sold: $13 million
•Administrative Expenses: $6 million
•Depreciation: $1.5 million
•Interest: $550,000
•Taxes: $1.4 million
•Total Assets: $32 million
•Current Assets: $14 million
•Current Liabilities: $7 million
Requirements:
•Calculate EBITDA.
•Determine the net income.
•Compute the current ratio and return on assets (ROA).