If we consider an interest of 10.5 % and the data presented in the following table, answer the questions below: Income Statement ABCorp. Sales 13800 COGS 5750 Margin 8050 SG&A 2150 Operating Income 5900 Balance Sheet (Partial) Total Assets 11050 Long-Term Debt 1900 Capital Shares 6600 Retained Earnings 1100 (For your answers use TWO decimal places) a.- (2 Mark) What is the leverage % for this company? % b.- (3 Marks) What is the Return on Equity % for the company?

Answer rating: 100% (QA)

a Leverage Calculation Leverage is the ratio of LongTerm Debt to Total Assets mult... View the full answer