Kristyle Company's net income last year was P40,000 and its interest expense was P8,000. Total assets at the beginning of the year were P260,000 and total assets at the end of the year were P315,000. Kristyle Company's income tax rate was 35 percent. Kristyle's return on total assets for the year was closest to *   Choices:

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A: Dear student as per guideline we can solve first three sub parts ROA 0.0684 ROCE 0.1521…

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Q: (EBIT).

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A:

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A: The mathematical equation of the concept used is:

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A: PROFIT MARGIN=NET INCOME AFTER TAXSALES

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A: Given:

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