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Sams MARKET Balance Sheet As of December 31, 2015 Please calculate ROE, ROI Short term assets 700,000 Debt 500,000 Long term assets 1,300,000 Preferred Equity
Sams MARKET
Balance Sheet As of December 31, 2015
Please calculate ROE, ROI
Short term assets 700,000 | Debt 500,000 |
Long term assets 1,300,000 | Preferred Equity 400,000 |
Common Equity 1,100.000 | |
Total assets 2,000,000 | 2,000000 |
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Income Statement For the year Ending December 31,2015
Sales | 6,000,000 |
Cost of goods sold | 3,000,000 |
Operating Income | 3,000,000 |
Expenses | 2,000,000 |
Earnings before Interest and Taxes | 1,000,000 |
Interest expense | 50,000 |
Earnings before Taxes | 1,950,000 |
taxes | 500,000 |
Net Income | 1450000 |
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