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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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