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Time left 1:51:53 The following information is availab 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

Time left 1:51:53 The following information is availab 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

FINANCIAL ACCOUNTING
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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3:58 A itc.birzeit.edu Time left 1:51:53 The following information is availab 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
Transcribed Image Text:3:58 A itc.birzeit.edu Time left 1:51:53 The following information is availab 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
4:11 a itc.birzeit.edu Time left 1:38:47 interest coverage ratio net income earning per share book value per share current ratio sales fixed asset fixed asset turnover
Transcribed Image Text:4:11 a itc.birzeit.edu Time left 1:38:47 interest coverage ratio net income earning per share book value per share current ratio sales fixed asset fixed asset turnover
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