You have the following income statement data: Your Answer: Sales $990 Cost of goods sold (Depreciation...

 

 

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You have the following income statement data: Your Answer: Sales $990 Cost of goods sold (Depreciation not included) $520 Depreciation $80 Interest expense $78 Tax rate 35% Answer Calculate earnings before interest and taxes (EBIT). Question 20 (1 point) If a company's ROA is 9% and its total long-term debt to total assets ratio is 40%, what is its ROE (return on equity)? (Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead of 8.43%) Your Answer: Answer You have the following income statement data: Your Answer: Sales $990 Cost of goods sold (Depreciation not included) $520 Depreciation $80 Interest expense $78 Tax rate 35% Answer Calculate earnings before interest and taxes (EBIT). Question 20 (1 point) If a company's ROA is 9% and its total long-term debt to total assets ratio is 40%, what is its ROE (return on equity)? (Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead of 8.43%) Your Answer: Answer