Xtreme Sports Innovations has disclosed the following information: EBIT = $25,664,300 Net income = $13,054,000 Net sales

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Xtreme Sports Innovations has disclosed the following information:

EBIT = $25,664,300 Net income = $13,054,000 Net sales = $83,125,336

Total debt = $20,885,753 Total assets = $71,244,863

Compute the following ratios for this firm using the DuPont identity: debt-to-equity ratio, EBIT ROA, ROA, and ROE.


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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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