A company has a sales turnover of 8 million the total, Ask an Expert

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A company has a sales turnover of $8 million. The total assets of the company are worth $4 million, of which 2.5 million is borrowed funds. Operating and administrative expenses together come to $5.7 million. Depreciation is $0.8 million. Interest to be paid yearly is $0.4 million and the taxation rate is 25%. Find the profit on sales ratio, ROA and ROE.

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91961620

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