in 17 at 9:28pm\ Instructions\ Instructions\ Question 1\ Assume that your company recently reported net income of

$2

percent, had interest expense of

$480,000

on

$12,000,000

of (ROA) of 7 percent. Also assume that the firm's board of dire and decrease cost of goods sold, resulting in a 100 percenti power (BEP) ratio. The boards also expects the tax rate and The board will not change the amount of debt or equily ou\ Given this information, determine what the company's ne can double its basic earnings power ratio.

Assume that your company recently reported net income of $2 percent, had interest expense of $480,000 on $12,000,000 of (ROA) of 7 percent. Also assume that the firm's board of diree and decrease cost of goods sold, resulting in a 100 percentir power (BEP) ratio. The boards also expects the tax rate and The board will not change the amount of debt or equity ou Given this information, determine what the company's ne can double its basic earnings power ratio. Assume that your company recently reported net income of $2 percent, had interest expense of $480,000 on $12,000,000 of (ROA) of 7 percent. Also assume that the firm's board of diree and decrease cost of goods sold, resulting in a 100 percentir power (BEP) ratio. The boards also expects the tax rate and The board will not change the amount of debt or equity ou Given this information, determine what the company's ne can double its basic earnings power ratio