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 |
|
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| Balance Sheet |
|
| Fixed assets | $70 |
| Total assets | 291 |
| Net working capital | 157 |
| Total debt | 0 |
| Total shareholders equity | 220 |
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