Question: Ratios Using the data provided below calculate the Interest Burden ratio. Sales $ 125 (mill) EBIT $ 48 Interest Expense $ 23 Assets $ 110

Ratios Using the data provided below calculate the Interest Burden ratio.

Sales $ 125 (mill)
EBIT $ 48
Interest Expense $ 23
Assets $ 110
Equity $ 30
Net Profit $ 20

Multiple Choice

  • 49%

  • 47%

  • 52%

  • 40%

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