Question: Ratios Using the data provided below calculate the Tax Burden ratio. Sales $ 125 (mill) EBIT $ 45 Interest Expense $ 15 Assets $ 100

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

Sales $ 125 (mill)
EBIT $ 45
Interest Expense $ 15
Assets $ 100
Equity $ 30
Net Profit $ 20

Multiple Choice

  • 64%

  • 62%

  • 67%

  • 55%

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