Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Problem information Sales = $18,000 COGS = $11,000 PPE = $80,000 Cash = $2,500 A/C Rec= $4,500 Inventory= $6,200 Interest = $560 Tax rate =
Problem information Sales = $18,000 COGS = $11,000 PPE = $80,000 Cash = $2,500 A/C Rec= $4,500 Inventory= $6,200 Interest = $560 Tax rate = 25% Operating expenses= $3,500
Question
Calculate the EBIT
What is the net income of this company?
Find the average operating assets if the operating assets of last year was $94,000 .
Find the ROI. Calculate margin and turnover.
Calculate margin and turnover to calculate ROI. 7.
Compare the 2 ROI you found.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started