Black Crown Initiate Company reported the following. Sales… Black Crown Initiate

  

Black Crown Initiate Company reported the following. Sales… Black Crown Initiate Company reported the following.Sales$2,080,000Cost of Goods Sold$770,000Operating Expenses$384,000Interest expense included in Operating Expenses$56,000Income Taxes39% of income before taxStockholders’ Equity (Average)$19,000,000Do not enter dollar signs or commas in the input boxes.Round your answers to 2 decimal places. a) Calculate net income.Net Income = $Answer  b) Calculate the net profit margin.Net Profit Margin = Answer % c) Calculate the times interest earned.Times Interest Earned = Answer times d) Calculate the return on equity.Return on Equity = Answer Perform a horizontal analysis for Waller Inc. Use 2017 as the base year.Do not enter dollar signs or commas in the input boxes.Round your answers to 2 decimal places. Waller Inc.In Millions of Dollars 2020201920182017Revenue$406$414$275$185Revenue RatioAnswer %Answer %Answer %Answer %Net Income$258$215$176$108Net Income RatioAnswer %Answer %Answer %Answer %  Business Accounting INTACC 101 Share (0)