Question: Answer following question in excel: Janom, Inc. has a net profit margin of 10% and earnings after taxes of $600,000. It current balance sheet follows:
Answer following question in excel:
| Janom, Inc. has a net profit margin of 10% and earnings after taxes of $600,000. It current balance sheet follows: | |
| Current Assets | 1,800,000 |
| Fixed Assets | 2,200,000 |
| Tiotal Assets | 4,000,000 |
| Current Liabilities | 600,000 |
| Long-term debt | 1,000,000 |
| Common Stock | 500,000 |
| Retained Earnings | 1,900,000 |
| Total Liabilities and stockholders' equity | 4,000,000 |
| Calculte Janom's return on stockholders' equity, Asset turnover ratio and equity multiplier |
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