Question: QUESTION 1: (a) Given the following data for firm: EBIT = $300,000; NI = $120,000; Total Assets = $960,000; Total Equity = $600,000. Calculate the
QUESTION 1: (a) Given the following data for firm: EBIT = $300,000; NI = $120,000; Total Assets = $960,000; Total Equity = $600,000. Calculate the Return on Total Assets; If the Industry Average = 10%; state if the ratio is good or bad for the firm. (b) Calculate the future value of $1,500 invested today at 9% annual interest rate for 6 years. (c) Calculate the present value of $12,000, 7-year annuity at 11% annual discount rate. (d) Calculate the future value of $5,000, 9-year annuity invested at 10% annual interest rate
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