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Author Question: If net income after tax was $10,000, interest expense was $4,000, and taxes were $1,000, what is the ... (Read 39 times)

fahad

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Question 1

If a firm's total asset turnover is low, but its fixed asset turnover is high, which of the following ratios should an analyst examine to locate the source of the problem?
◦ Debt/equity
◦ Price/earnings
◦ Return on equity
◦ Accounts receivable turnover
◦ Times interest earned

Question 2

If net income after tax was $10,000, interest expense was $4,000, and taxes were $1,000, what is the net profit margin if sales were $50,000?
◦ 10%
◦ 30%
◦ 22%
◦ 28%
◦ 20%


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Marked as best answer by fahad on Apr 25, 2021

CourtneyCNorton

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fahad

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review


raili21

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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