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Income statement Revenue 60000 Expenses Cost of goods sold 34000 Depreciation 3000 Interest Expense 2000 Wages 10000 Total Expenses 49000 Taxable Income 11000 Tax 3850
Income statement
Revenue 60000
Expenses
Cost of goods sold 34000
Depreciation 3000
Interest Expense 2000
Wages 10000
Total Expenses 49000
Taxable Income 11000
Tax 3850
Net Income 7150
Balance Sheet
Cash 2000 Accounts Payable 4000
Accounts Receivable 4000 Notes Payable 12000
Inventory 9000 Total Current Liability 16000
Total Current Assets 15000 Long Term Debt 9000
Net Plant
Equipment 30000 Common Stock 20000
Total Assets 45000 Total Liability & Equity 45000
Find the Following ratio.
ROE:
ROA:
Current Ratio:
Quick Ratio:
Net Profit Margin:
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