Orlando Imaging Center Corporation (OICC) had net income in 2016 of $90,000. Here are some of the financial ratios from the annual report.
Profit Margin 12%
Return on Assets 20%
Debt to Asset Ratio 55%
Using these ratios, calculate the following for OICC (SHOW YOUR WORK):
a) Sales
b) Total assets
c) Total asset turnover
d) Total debt
e) Stockholders' equity
f) Return on equity