Given the following data for a company, what are their total liabilities?       Profit margin = 5%                                   Net income = $30,000               Net working capital  = $100,000       Total asset turnover = 1.2                       Fixed asset turnover = 1.5         ROE = 25% Enter your answer in whole dollars (no cents) without the $ sign.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Given the following data for a company, what are their total liabilities?

      Profit margin = 5%                                   Net income = $30,000               Net working capital  = $100,000

      Total asset turnover = 1.2                       Fixed asset turnover = 1.5         ROE = 25%

Enter your answer in whole dollars (no cents) without the $ sign.

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