Problem information Sales = $18,000 COGS = $11,000 PPE = $80,000 Cash = $2,500 A/C Rec= $4,500 Inventory= $6,200 Interest = $560 Tax rate = 25% Operating expenses= $3,500 Question Calculate the EBIT 2 What is the net income of this company? Find the average operating assets if the operating assets of last year was $94,000 Find the ROI. Calculate margin and turnover. Calculate margin and turnover to calculate ROI. 7. Compare the 2 ROI you found