Question: 2 . Given the following data find 3} AIR h] Current assets c} total assets d) RID A e} Common Equity. 5 marks Cash :

2 . Given the following data find 3} AIR h]
2 . Given the following data find 3} AIR h] Current assets c} total assets d) RID A e} Common Equity. 5 marks Cash : $ 100.100 Current Liabilities : 5 105.50 Fixed Assets : $ 233.50 Current Ratio : 3.0:: Sales : $ 1,000.00 D50 : 40.55 Days Net Income : $ 50.00 ROE : 12% 3. Rumana Cycling Company has sales of $12 million in 2003. Costs other then depreciation and amortization are expected to be ?5% of sales , and dep . and amt. expenses are expected to be $1.5 million . All sales, revenue will be collected in cash, and costs others than depreciation and amortization must he paid for during the year. The Company's tax rate is 40%. a. Suppose Congress changed the tax lows so that the dep. 3r amt, expenses doubled no changes in operations occurred .Construct an income statement .5 marks

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