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LMN Manufacturing Company, a key player in the industrial sector, released its financial data for the fiscal year 2023. The company's total assets amounted to
LMN Manufacturing Company, a key player in the industrial sector, released its financial data for
the fiscal year 2023. The company's total assets amounted to $2 billion, with total liabilities of
$1.2 billion. Its net income for the year was $100 million, and the shareholders' equity stood at
$800 million.
a) Determine the company's leverage ratio.
b) Calculate the company's debt ratio.
c) Find out the net profit margin of the company.
d) Calculate the return on equity (ROE) percentage.
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