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Can you please help me with the following question Sales $1,980,000 Cost of Goods Sold $740,000 Operating Expenses $389,000 Interest expense included...

Can you please help me with the following question


Sales $1,980,000

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.


Thank you


Namita

Top Answer

(a) EBIT = $902,000 (b) Net profit margin =... View the full answer

2 comments
  • Thank you! its very helpful
    • mitu0282
    • Jan 06, 2019 at 6:18pm
  • You're welcome. :)
    • dinamarcanete
    • Jan 06, 2019 at 6:24pm

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