(max 7 mins) Owners' Equity is $400,000, Expenses is $1,899,999, Gross Profit is 30%, Acid test ratio is 2. COGS is $250,000, Proft Margin is 7%, while TIE ratio is 2 times; Total Liabilities are $1,100,000, Inventory turnover is 3x, Current Liabiities are $400,000, Depreciation is $459,000, Long term assets are $500,000, Net Income is $189.999 Market capitalization is $25,000,000 while PE ratio is 45.9 Calculate Interest expense
(max 7 mins) Owners' Equity is $400,000, Expenses is $1,899,999, Gross Profit is 30%, Acid test ratio is 2. COGS is $250,000, Proft Margin is 7%, while TIE ratio is 2 times; Total Liabilities are $1,100,000, Inventory turnover is 3x, Current Liabiities are $400,000, Depreciation is $459,000, Long term assets are $500,000, Net Income is $189.999 Market capitalization is $25,000,000 while PE ratio is 45.9 Calculate Interest expense
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Owners' Equity is $400,000; Expenses is $1,899,999, Gross Profit is 30%, Acid test ratio is 2, COGS is $250,000, Profit Margin is
7%, while TIE ratio is 2 times; Total Liabilities are $1,100,000, Inventory turnover is 3x, Current Liabilities are $400,000,
Depreciation is $459,000, Long term assets are $500,000, Net Income is $189,999 Market capitalization is $25,000,000 while PE
ratio is 45.9
Calculate Interest expense
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