last year abc company had the following data

taxes =14

Question 4 Last year, ABC Company had the following data Net Sales (in million) $1,200 Cost of Goods Sold 780 Gross Profit Margin 420 90 120 Depreciation Operating Expense Administrative Expense Operating Profit Interest 129 36 Profit Before Tax Taxes Net Income Cash 70.00 Account receivables 200.00 300.00 Inventory Net fixed assets 900.00 Notes payable Accounts payable Accruals 220.00 110.00 20.00 Long term debt 250.00 Common stock 100.00 Common stock par 1.50 200.00 570.00 Additional paid in capital Retained earnings Find return on equity 1. Less than 3% 2. between 4% and 5% 3. more than 5% 4. between 3% and 4% Type here to search