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Amman Company has total assets of $350,000 and total liabilities of $150,000 The operating profit equals $45,000 the interest expenses and tax expenses are $6.000
Amman Company has total assets of $350,000 and total liabilities of $150,000 The operating profit equals $45,000 the interest expenses and tax expenses are $6.000 and $5,500 respectively, the total sales revenue equaled $2,540,000. Find the followings 1 Debt ratio 2 Financial leverage multiplier (equity multipliery 3 Time interest earned (TIE) Net profit margin 5 Return on equity 4 6 Return on total assets
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