Consider the financial performance of Tech Innovators Inc.:
•Sales Revenue: $15 million
•Cost of Goods Sold: $6 million
•Administrative Expenses: $4 million
•Depreciation: $800,000
•Interest: $300,000
•Taxes: $1 million
•Total Assets: $25 million
•Current Assets: $8 million
•Current Liabilities: $4 million
Requirements:
•Calculate EBITDA.
•Determine the net income.
•Compute the current ratio and return on assets (ROA).