Barbie aims at investing her money in a company that will give her the largest return (most money back). He found Compan

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Barbie aims at investing her money in a company that will giveher the largest return (most money back). He found Company SweetTemptation, which sells swimsuit for $45 a pair. Last year theywere very successful and sold 65,750 swimsuits. They spent $225,000on operating expenses and paid $25,000 in taxes. They had $800,000from their investors.
1. What was Barbie's profit for last year (EBIT: Earnings beforeinterest and taxes)
2. Use the information in question #4. What is its Returnon Equity (ROE)?
Barbie aims at investing her money in a company that will give her the largest return (most money back). He found Company Sweet Temptation, which sells swimsuit for $45 a pair. Last year they were very successful and sold 65,750 swimsuits. They spent $225,000 for operating expenses and paid $25,000 in taxes. They had $800,000 from their investors.
1. What was Barbie's profit for last year (EBIT: Earnings before interest and taxes)?
2. Use the information in question #1. What is its Return on Equity (ROE)?