eBook Problem 9-13 Two firms have sales of $0.8 million cach. Other financial information is...
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eBook Problem 9-13 Two firms have sales of $0.8 million cach. Other financial information is as follows: A B Firm EBIT $170,000 $170,000 Interest expense 40,000 70,000 Income tax 60,000 35,000 Debt 280,000 80,000 Equity 500,000 380,000 What are the operating profit margins and the net profit margins for these two firms? Round your answers to two decimal places. Operating profit margins: Firm A: % Firm B: % Net profit margins: Firm A: % Firm B: % What are their returns on assets and on equity? Round your answers to two decimal places Return on assets: Firm A: % Firm B: % Return on equity: Firm A: 96 Firm B: 96
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