Find the net income and current assets

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Reference no: EM131923627

Sales:                                  17,000,000

COGS:                                  11,000,000

Gross Margin:

Admin Overhead:              2,500,000

EBITDA:

Depr & Amort:                      780,000

EBIT:

Interest:                                 435,000

EBT:

Taxes:                                    731,200

Net Income:

Total Assets:                                     10,350,000

Total Interest-bearing Debt:            6,214,286

Total Current Liabilities:                        500,014

Total Fixed Assets & IP:                     7,500,000

GIVEN THE INFORMATION ABOVE, FIND:

1. Net Income

2. Current Assets

Reference no: EM131923627

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