The following information is availab Time left 1:51:53 Company. Number of shares = 500000 Long-term debt = $4500000 EBIT = $4500000 Income tax rate = 35% Total assets = $18000000 interest rate on bonds = 0.06 Short-term liabilities $2000000 Average inventory $35000000 COGS = $6500000 current asset =3500000. COGS is 60% of sales. find inventory turnover interest expense interest coverage ratio net income earning per share book value per share

The following information is availab Time left 1:51:53 Company. Number of shares = 500000 Long-term debt = $4500000 EBIT = $4500000 Income tax rate = 35% Total assets = $18000000 interest rate on bonds = 0.06 Short-term liabilities $2000000 Average inventory $35000000 COGS = $6500000 current asset =3500000. COGS is 60% of sales. find inventory turnover interest expense interest coverage ratio net income earning per share book value per share

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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