You are given a financial statement with the following financial information for a local company:

Financial Performance for 2018

Revenue = $2,500,000

COGS = $400,000

Sales, General &Administrative Expenses = $300,000

Interest Expense = $150,000

Tax Rate = 25%

Shareholders equity = $1,500,000

Which financial statement are you most likely looking at? Calculations: What is the gross profit? What is EBIT? What is the net profit (aka net income)? What is net profit margin? What is the ROE? Calculate each measure. For full credit, please show your work for the various calculations.

You are given a financial statement with the following financial information for a local company: Financial Performance for 2018 Revenue - $2,500,000 COGS = $400,000 Sales, General & Administrative Expenses = $300,000 Interest Expense = $150,000 Tax Rate=25% Shareholders' equity - $1,500,000 Which financial statement are you most likely looking at? Calculations: What is the gross profit? What is EBIT? What is the net profit (aka net income)? What is net profit margin? What is the ROE? Calculate each measure. For full credit, please show your work for the various calculations