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The following information is available for the Oil Creek Corporation: ( Accounts Receivable $19,000 Sales $195,000 Current assets $36,000 Total assets $147,000 Long term debt
The following information is available for the Oil Creek Corporation: ( Accounts Receivable $19,000 Sales $195,000 Current assets $36,000 Total assets $147,000 Long term debt $48,000 Current liabilities $41,000 Profit margin 6% Number of shares outstanding 15,000 Current stock price per share $14.43 (a) What is the net income? (b) What is the total asset turnover? (c) What is the leverage ratio? (d) Using DuPont decomposition method to calculate ROE. (e) What is the price to earnings (P/E) ratio
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