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Income statement: Sales $10,000 Cost of goods sold 9,200 EBIT $ 800 Interest (10%) 400 EBT $ 400 Taxes (40%) 160 Net Income $ 240
Income statement:
Sales $10,000
Cost of goods sold 9,200
EBIT $ 800
Interest (10%) 400
EBT $ 400
Taxes (40%) 160
Net Income $ 240
Balance sheet:
Cash $ 20
A/R 1,000
Inventories 5,000
Total C.A. $ 6,020 Debt $ 4,000
Net F.A. 2,980 Equity 5,000
Total Assets $ 9,000 Total claims $ 9,000
What is Inventory Turn Over Ratio?
Was the company profitable? Yes/No
What is Return on Equity ?
What is Return on Total Assets?
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