Question
Jorge Corp. has 100,000 shares outstanding. EBIT is $1 million and interest paid is $200,000. If the corporate tax rate is 34%, whatisJorge's earnings per
Jorge Corp. has 100,000 shares outstanding. EBIT is $1 million and interest paid is $200,000. If the corporate tax rate is 34%, whatisJorge's earnings per share?
2.You have the following data for theFosbergWinery. What isFosberg'sreturn on assets (ROA)? Return on equity = 15%; Earnings before taxes = $30,000; Total asset turnover = .80; Profit margin = 4.5%; Tax rate = 35%.
3.Atlanta Limo Corp. has an average collection period of 36.5 days. Sales are $300,000. What is the average investment in receivables?
4. A firm has an ROA of 8%, sales of $100, and total assets of $75. What is its profit margin?
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