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Styles Results from Extreme Corporations' most recent year of operations are presented in the following table (in 000's): Sales $35,000 Operating Expenses $12,000 Fixed Assets
Styles Results from Extreme Corporations' most recent year of operations are presented in the following table (in 000's): Sales $35,000 Operating Expenses $12,000 Fixed Assets $7,100 Current Liabilities $4,600 Interest Expense $1,250 Long term liabilities $ 2,400 Gross Margin 75% Target rate of return 14% Weighted Average Cost of Capital 12% Tax rate 30% Current ratio 1.50 Calculate the following: a) Profit margin b) Asset turnover c) ROI
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