Neron Company reported the following. Sales $2,000,000 Cost of Goods Sold $700,000 $400,000 Operating Expenses Interest...

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Neron Company reported the following. Sales $2,000,000 Cost of Goods Sold $700,000 $400,000 Operating Expenses Interest expense included in Operating Expenses $50,000 Income Taxes 40% of income before tax Shareholders' Equity (Average) $20,000,000 Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. a) Calculate net income. Net Income = $ b) Calculate the net profit margin. Net Profit Margin = C) Calculate the times interest earned. Times Interest Earned = times d) Calculate the return on equity. Return on Equity = Check Neron Company reported the following. Sales $2,000,000 Cost of Goods Sold $700,000 $400,000 Operating Expenses Interest expense included in Operating Expenses $50,000 Income Taxes 40% of income before tax Shareholders' Equity (Average) $20,000,000 Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. a) Calculate net income. Net Income = $ b) Calculate the net profit margin. Net Profit Margin = C) Calculate the times interest earned. Times Interest Earned = times d) Calculate the return on equity. Return on Equity = Check

Answer rating: 100% (QA)

a Net income Sale Expenses Tax 2000000 700000 400000 1 040 900000 060 5400... View the full answer