Recent content by Eddie O

...net income, and a debt-to-total? Last year Ann Arbor Corp had $300,000 of assets, $305,000 of sales, $20,000 of net income, and a debt-to-total-assets ratio of 37.5%. The new CFO believes a new computer program will enable it to reduce costs and thus raise net income to $33,000. Assets...

...1.5, and an equity multiplier of 1? 14.88% 13.59% 15.52% 13.47% 12.83%

...1.5, and an equity multiplier of 1? 14.88% 13.59% 15.52% 13.47% 12.83%