PE Place has sales of $439,000 depreciation of 32, 000 and net working capital of 56, 000 the firm has a tax rate of 34 percent and a profit margin of 6 percent. The firm has no interest expense what is the amount of operating cash flow
Financial Ratios
A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.
Return on Equity
The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.
PE Place has sales of $439,000
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