Allegro1952
Jun 22, 2012, 09:18 AM
Trying to figure out what the gross profit or cost production is for this problem... unsure on how to solve it?
Ebersoll Mining:
Has $6 million in sales
ROE is 12%
Total assets turnover is 3.2x
The company is 50% equity financed
What is the net income?
Ebersoll Mining:
Has $6 million in sales
ROE is 12%
Total assets turnover is 3.2x
The company is 50% equity financed
What is the net income?