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You are given the following information for Western, Inc. Assume the company has no short-term debt. Also assume that all asset turnover, profit margin, and
You are given the following information for Western, Inc. Assume the company has no short-term debt. Also assume that all asset turnover, profit margin, and dividend payout ratios remain constant. (Hint: First prepare income statement working backwards from the bottom to find EBIT.) What is the company's return on invested capital (ROIC)? A. 21.04% B. 19.43% C. 18.11% D. 17.01% E. 16.08% F. 15.28% G. 14.59% H. 13.98% Last year, BFA Corporation had net sales of $3,850,000 and cost of goods sold of $2,000,000. Its depreciation charge was $600,000 and selling, general, and administrative (SG\&A) expense was $800,000. If the interest charge was $30,000 and the tax rate is 35 percent, what was the operating cash flow? Ignore any carry back or carry forward of loss for tax purposes. A. $675,500 B. $708,000 C. $740,500 D. $773,000 E. $805,500 F. $838,000 G. $870,500 H. $903,000 QUESTION 3 You invest $7,000 into a savings account that pays an annual interest rate of 12.00%. How much would you have in your account after 12 years? A. $20,549 B. $24,010 C. $27,272 D. $30,343 E. $33,231 F. $35,942 G. $38,483 Click Save and Submit to save and submit. Click Save All Answers to save all answers
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