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Fred's Manufacturing produces small trophies for the sports industry. He purchased manufacturing equipment for $750,000 3 years ago with an intended 10 year llife. a
| Fred's Manufacturing produces small trophies for the sports industry. He purchased manufacturing equipment for $750,000 3 years ago with an intended 10 year llife. | |||||||||||||||||
| a | What is the current book value | ||||||||||||||||
| annual depriciation = | |||||||||||||||||
| b | Assuming Net income of $150,000 during this year, what is his ROA for his maufacturing equipment? | ||||||||||||||||
| c | If his Profit Margin is 25% what were his sales for the year? | ||||||||||||||||
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Authors: IndigoPine Designs
1st Edition
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