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Set and Marked out of 25.00 Fla question Pioneer Inc. provided the following information on December 31, 2020 Total assets $120,000 Profit margin 6.0% Tax
Set and Marked out of 25.00 Fla question Pioneer Inc. provided the following information on December 31, 2020 Total assets $120,000 Profit margin 6.0% Tax rate 40% Preferred stock $5 par $20,000 Equity multiplier 1 2/3 DSO 33 days 6.0% Interest rate Accounts payable $6,000 Total assets turnover 2.5 Instructions: 2. 1. What is Pioneer Inc.'s EBIT? What is the book value per share assuming that the company has 30,000 shares of common stock outstanding throughout the year 2020? 3.. What should management do based on the ratios given above
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