Assume the following: Sales = $400M; Net Income = $60M; TA = $350M; and there is $0.50 in total debt per dollar of total equity. According to the DuPont framework, ROE would be approximately_______?
EBIT goes from $30M to $33M; Depreciation goes from $10M to $12M; and interest expense goes from $6 M to $8M. What is the percent change in the numerator of the cash coverage ratio? What is the percent change in the denominator of the cash coverage ratio?
EBIT goes from $30M to $33M; Depreciation goes from $10M to $12M; and interest expense goes from $6 M to $8M. What is the percent change in the numerator of the cash coverage ratio? What is the approximate percent change in the cash coverage ratio?