Question: EXERCISE 1 GMB profit margin (net profit margin) is 3.5%, with a net income of $70,000. Debt ratio is 60% with total liabilities of $420,000.
EXERCISE 1 GMB profit margin (net profit margin) is 3.5%, with a net income of $70,000. Debt ratio is 60% with total liabilities of $420,000. Tax rate is 30% and interest expenses were 20,000. f Compute the following: a. Sales volume b. Total assets c. Stockholders equity d. ROA e. ROE f. Total Assets Turnover g. Earnings before taxes = Net Income /(1 - Tax Rate) h. Earnings before interest and taxes i. Time Interest earned uc
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