Abc bike company has 200000 in assets and had earnings, Financial Management

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Abc bike company has 200000 in assets and had earnings

ABC Bike Company has $200,000 in assets, and had Earnings Before Interest and Taxes of $50,000 for the 12 month period ended September 30th. The company's marginal tax rate is 40% and it pays interest of 8% on any debt. If the company has a 40% Debt/Assets ration, its net income after taxes and interest is ________?

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Financial Management: Abc bike company has 200000 in assets and had earnings

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Financial Management: Abc bike company has 200000 in assets and had earnings

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