Can you please help me with the following question
Cost of Goods Sold $740,000
Operating Expenses $389,000
Interest expense included in Operating Expenses $51,000
Income Taxes 36% of income before tax
Shareholders' Equity (Average) $20,000,000
a) Calculate EBIT.
b) Calculate Net Profit Margin.
c) Calculate the interest coverage ratio.
d) Calculate the return on equity.
(a) EBIT = $902,000 (b) Net profit margin =... View the full answer
- Thank you! its very helpful
- Jan 06, 2019 at 6:18pm
- You're welcome. :)
- Jan 06, 2019 at 6:24pm