If average inventory is P80,000 and the inventory turnover ratio is 20, how much is the cost of goods sold of the company? * O P1,600,000 O P4,000 .00025 P80,020 Interest expense for the year amounted to P90,000. Income tax expense is P100,000. If net income after tax is P620,000, what is the times interest earned ratio? * 6.2 9 6,888

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A: NOPAT is also known as Net Operating profit after Tax. It is that amount which is earned from the…

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Q: AAA's inventory turnover ratio is 13.27 based on sales of $14,200,000. The firm's current ratio…

A: The formulae to be used in the question are Inventory turnover = SalesInventoryCurrent ratio =…