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Take me to the text Neron Company reported the following. Sales $1,970,000 Cost of Goods Sold $610,000 Operating Expenses $384,000 Interest expense included in Operating
Take me to the text Neron Company reported the following. Sales $1,970,000 Cost of Goods Sold $610,000 Operating Expenses $384,000 Interest expense included in Operating Expenses $59,000 Income Taxes 32% of income before tax Stockholders' Equity (Average) $18,000,000 Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. a) Calculate net income. Net Income = $ 623560 X b) Calculate the net profit margin. Net Profit Margin = % c) Calculate the times interest earned. Times Interest Earned = times d) Calculate the return on equity. Return on Equity = %
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