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please answer fast no time You are not allowed to open the formula. It will take more time for you if you open the formula.
please answer fast no time
You are not allowed to open the formula. It will take more time for you if you open the formula. Remember, the quiz time is limite \begin{tabular}{|l|r|r|} \hline Account & 2020 & 2021 \\ \hline Sales & 50,000 & 70,000 \\ \hline Cost of Sales & 20,000 & 30,000 \\ \hline Gross Profit & 30,000 & 40,000 \\ \hline Other Operating Income & 15,000 & 15,000 \\ \hline General and Administration Expenses & 15,000 & 10,000 \\ \hline Gain on Sale of Machinery & 0 & 5,000 \\ \hline Loss on Currency Investment & 9,000 & 10,000 \\ \hline Depreciation & 1,000 & 1,000 \\ \hline EBIT & 20,000 & 39,000 \\ \hline Interest Charge & 9,000 & 10,000 \\ \hline EBT & 11,000 & 29,000 \\ \hline Tax (30\%) & 3300 & 8700 \\ \hline Net Income & 2000 \\ \hline Account & 2000 & 20,300 \\ \hline & & \\ \hline \end{tabular} Question Completion Status: Calculate the: a. ROE b. Interest Coverage (EBIT) C. Deb Ratio d. Cash Reserves Step by Step Solution
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