Question: Neron Company reported the following. Sales $ 2 , 1 4 0 , 0 0 0 Cost of Goods Sold $ 6 8 0 ,

Neron Company reported the following.
Sales $2,140,000
Cost of Goods Sold $680,000
Operating Expenses $372,000
Interest expense included in Operating Expenses $45,000
Income Taxes 30% of income before tax
Shareholders' Equity (Average) $18,000,000
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 =
d) Calculate the return on equity.
Return on Equity =

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