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Sales Cost of Goods Sold Operating Expenses Interest expense included in Operating Expenses Income Taxes Shareholders' Equity (Average) $2,200,000 $760,000 $332,000 $49,000 37% of
Sales Cost of Goods Sold Operating Expenses Interest expense included in Operating Expenses Income Taxes Shareholders' Equity (Average) $2,200,000 $760,000 $332,000 $49,000 37% of income before tax $19,000,000 Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. a) Calculate net income. Net Income = $ b) Calculate the net profit margin. Net Profit Margin = % c) Calculate the times interest earned. Times Interest Earned = d) Calculate the return on equity. Return on Equity = % times
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