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= The following information is available about Seine Company. Number of shares = 550000 Long-term debt = $6500000 EBIT = $3000000 Income tax rate =

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= The following information is available about Seine Company. Number of shares = 550000 Long-term debt = $6500000 EBIT = $3000000 Income tax rate = 35% Total assets = $22000000 Interest rate on bonds = 0.03 Short-term liabilities = $3500000 Inventory = $4500000 COGS = $7000000 Preferred stock dividends = 30000 Current asset = 4000000. COGS is 60% of sales. Find the following: = 1) Inventory turnover 2) Interest expense 3) Interest coverage ratio 4) Net income 5) Earning per share 6) Current ratio 7) Sales 8) Fixed assets 9) Earnings available for common stockholders 10) Total equity

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