Question: Use the data provided to determine the firms operating margin, asset turnover, interest burden, financial leverage, income tax rate, and ROE. Income Statement Revenues $979

Use the data provided to determine the firms operating margin, asset turnover, interest burden, financial leverage, income tax rate, and ROE.

Income Statement

Revenues

$979

Operating income

76

Depreciation/Amortization

9

Interest expense

0

Pretax income

67

Income taxes

37

Net Income after tax

30

Balance Sheet

Fixed assets

$70

Total assets

291

Net working capital

157

Total debt

0

Total shareholders equity

220

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