Question
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
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.
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