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Prince Canning PLC had EBIT of $81,654 and Interest payments of $14,300. Its Net income was $43,780 and Sales was $366,996; it had total assets
Prince Canning PLC had EBIT of $81,654 and Interest payments of $14,300. Its Net income was $43,780 and Sales was $366,996; it had total assets of $432,379 and total equity of $283, 606.
1)Calculate debt coverage ratio (Times interest earned)
2)Calculate: profit margin (PM), total assets turnover (TAT) and equity multiplier (EM)
3)Calculate its ROE using The DuPont identity
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