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Please use the following information to answer the next three questions. 20, 21 and 22) JCJ Inc. has (NI/EBT) = 25 JCJ Inc. has
Please use the following information to answer the next three questions. 20, 21 and 22) JCJ Inc. has (NI/EBT) = 25 JCJ Inc. has (EBT/EBIT PCJ Inc. has (EBIT/SALES) .80 JCJ Inc. has an equity multiplier of 3 JCJ Inc. has a total asset turnover ratio of 1.5 20) If JCJ Inc. has sales of $200,000, what is JCJ's Net Income? Please put your answer on the answer sheet in dollars. 21) What was JCJ's interest expense for the year? Please put your answer on the answer sheet in dollars. 22) Calculate ROA for JCJ. Please put your answer on the answer sheet in decimal form.
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20 Net Income EBT NIEBT 200000 025 50000 Net Income for JCJ Inc is 50000 ...
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Fundamental Accounting Principles Volume II
Authors: Larson Kermit, Jensen Tilly
14th Canadian Edition
71051570, 0-07-105150-3, 978-0071051576, 978-0-07-10515, 978-1259066511
