A company has $60 billion of sales and $3 billion of net income. It total assets are $ 30 billion. The company's total a
Posted: Mon Apr 25, 2022 8:39 am
- A Company Has 60 Billion Of Sales And 3 Billion Of Net Income It Total Assets Are 30 Billion The Company S Total A 1 (36.73 KiB) Viewed 30 times
A company has $60 billion of sales and $3 billion of net income. It total assets are $ 30 billion. The company's total assets equal total invested capital, and its capital consists of half debt and half common equity. The firm's interest rate is 6%, and its tax rate is 40% 1. What is its profit margin? 2. What is its ROA? 3. What is its ROE? 4. What is its ROIC? (10 points)