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Please show solution. Green - Mind, Inc. Has the following data: Total Assets P 100,000 Net Profit Margin 6.0% Tax rate 40% Equity Ratio 60.0%
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Green - Mind, Inc. Has the following data:
Total Assets P 100,000
Net Profit Margin 6.0%
Tax rate 40%
Equity Ratio 60.0%
Interest rate 8.0%
Total assets turnover 3 times
What is Green-Minds Earnings Before Interest and Tax (EBIT)?
P 18,000 B. P 24,000 C. P 30,000 D. P 54,000
What is Green-Minds Return on Equity (ROE)?
25% B. 30% C. 50% D. 52.5%
What is Green-Minds Return on Assets (ROA)?
15% B. 17% C. 18% D. 20%
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