CORP XXX. has (NI/EBT ) = .25

CORP XXX. has (EBT/EBIT ) = 1

CORP XXX. has (EBIT/SALES ) = .80

CORP XXX. has an equity multiplier of 3

CORP XXX. has a total asset turnover ratio of 1.5

Sales are $500,000

If CORP XXX. has sales of $100,000, what is CORP XXX Net Income?

1. $100,000
2. $25,000
3. $80,000
4. $20,000
5. None of the above

What was CORP XXX interest expense for the year? If there is not enough information, please Indicate missing values

1. $0
2. $20,000
3. $16,000
4. $4,000
5. None of the above

What was CORP XXX operating expenses? If there is not enough information, please indicate missing values.

1. $100,000

2. $25,000
3. $80,000
4. $20,000
5. None of the above