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Please answer all the questions The managerial balance sheet for Ajax Corporation is shown below. All numbers are in millions. You also know the EBIT
Please answer all the questions
The managerial balance sheet for Ajax Corporation is shown below. All numbers are in millions. You also know the EBIT of the firm is $22.5 million. $10 cash $20 working capital ? assets $50 short and long term debt $100 owner's equity 1 What are the assets for Ajax Corporation? 2 What is the capital employed for Ajax Corporation (above)? 3 What is the invested capital for Ajax Corporation (above)? 4 What is the ROE based on EBIT? 5 What is the ROIC based on EBIT? 6 What is the ROCE (return on capital employed) based on EBIT? The managerial balance sheet for Ajax Corporation is shown below. All numbers are in millions. You also know the EBIT of the firm is $22.5 million. $10 cash $20 working capital ? assets $50 short and long term debt $100 owner's equity 1 What are the assets for Ajax Corporation? 2 What is the capital employed for Ajax Corporation (above)? 3 What is the invested capital for Ajax Corporation (above)? 4 What is the ROE based on EBIT? 5 What is the ROIC based on EBIT? 6 What is the ROCE (return on capital employed) based on EBITStep by Step Solution
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