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please answer B and C Rome Deposit, Inc has the following balance sheet and income statement Income Statement ($ millions) Balance Sheet($ millions) Net sales
please answer B and C
Rome Deposit, Inc has the following balance sheet and income statement Income Statement ($ millions) Balance Sheet($ millions) Net sales $3,000.00 Assets Expenses 1,300.00 Current assets $3,200.00 Depreciation 450.00 Net fixed assets 4,50000 Taxable income $ 1,250 00 Total assets $ 7.700.00 Interest expense 550.00 Taxable income $ 700.00 Liabilities & Owner's Equity Taxes (35%) 245.00 Current liabilities $1,200.00 Net income $ 455 00 Long-term debt 2.600.00 Owner's equity 3,900.00 Total liabilities and equity $ 7.700.00 a. What is the company's after-tax operating income? (Enter your answer in millions and round to one decimal places.) After-tax operating income S 812.5 million b. What is the company's total capitalization? (Enter your answer in millions and round to the nearest dollar.) Total capitalization $ 7.700 million c. What is the company's return on capital? (Enter your answer as a percent rounded to 2 decimal places.) Return on capital 19 23%Step by Step Solution
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