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Intro Esport Electronics expects the following numbers for next year: - Sales: $2,300,000 - Costs: $1,400,000 (excluding depreciation) - Depreciation: $200,000 - Interest: 100,000 -
Intro Esport Electronics expects the following numbers for next year: - Sales: $2,300,000 - Costs: $1,400,000 (excluding depreciation) - Depreciation: $200,000 - Interest: 100,000 - Tax rate: 22% - Total asset turnover. 3 - Total debt ratio: 40% Part 1 What is the expected profit margin? Part 2 (1) Attempt 1/3 for 10 pts. What is the expected equity multiplier? Part 3 (1) Attempt 1/3 for 10 pts. What is the expected return on equity? Intro Esport Electronics expects the following numbers for next year: - Sales: $2,300,000 - Costs: $1,400,000 (excluding depreciation) - Depreciation: $200,000 - Interest: 100,000 - Tax rate: 22% - Total asset turnover. 3 - Total debt ratio: 40% Part 1 What is the expected profit margin? Part 2 (1) Attempt 1/3 for 10 pts. What is the expected equity multiplier? Part 3 (1) Attempt 1/3 for 10 pts. What is the expected return on equity
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