Use the financial statement data for the Bike-With-Us Corporation provided in Problem 3 to make the following

Question:

Use the financial statement data for the Bike-With-Us provided in Problem 3 to make the following calculations:
A. Calculate the operating return on assets.
B. Determine the effective interest rate paid on the long-term debt.
C. Calculate the NOPAT margin. How does this compare with the results for the net profit margin? Did the owners benefit from the use of interest-bearing long-term debt?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...