How much net income did the firm earn for the period


1, A firm has net working capital of $2,138and current assets of $6,665. What is the current ratio?

2. ABC Inc. has sales of $267,316, costs of $137,213, depreciation expense of $35,595, and interest paid of $36,056. The tax rate is 39 percent. How much net income did the firm earn for the period?

3. You have $10,205 you want to invest for the next 33 years. You are offered an investment plan that will pay you 17.5 percent per year for the next 9 years and 17.4 percent per year for the remaining years. How much will you have at the end of the 33 years?

4The ABC Company has a net profit margin of 4.14 percent on sales of $270,894. The company has 14,079 shares of stock outstanding at a market price of $11.8 per share. What is the price-earnings ratio?

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Finance Basics: How much net income did the firm earn for the period
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