Question
STU Inc., a healthcare service provider, presents the following financial data for the fiscal year ended June 30, 2024: Total Revenue: $7,500,000 Operating Expenses: $4,000,000
STU Inc., a healthcare service provider, presents the following financial data for the fiscal year ended June 30, 2024:
Total Revenue: $7,500,000
Operating Expenses: $4,000,000
Depreciation Expense: $300,000
Interest Expense: $100,000
Income Tax Expense: $200,000
Cash: $500,000
Accounts Receivable: $600,000
Inventory: $200,000
Total Current Liabilities: $1,000,000
Total Assets: $5,000,000
Requirements:
Prepare an income statement for STU Inc. for the fiscal year ended June 30, 2024.
Calculate the net profit margin.
Determine the return on equity (ROE) assuming total equity of $3,000,000.
Compute the quick ratio.
Calculate the earnings before interest, taxes, depreciation, and amortization (EBITDA).
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