Kwok Enterprises has the following income statement. How much after-tax operating income does the firm have? 2. $2,250 Sales Costs 1,400 250 Depreciation $ 600 EBIT Interest expense 70 530 EBT Taxes (40%) 212 $318 Net income 3. Brookman Inc's latest EPS was $2.75, its book value per share was $22.75, it had 315,000 shares outstanding, and its debt ratio was 44%. How much debt was outstanding 4. Last year Harrington Inc. had sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firm's total-debt-to-total-assets ratio was 45.0%. Based on the DuPont equation, what was the ROE? www.euruni.edu 2