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1. Example: Denver, Inc., has sales of $14.2 million, total assets of $11.3 million, and total debt of $4.9 million. Assume the profit margin is

1. Example: Denver, Inc., has sales of $14.2 million, total assets of $11.3 million, and total debt of $4.9 million. Assume the profit margin is 5 percent .

a. What is the company's net income ?

b. What is the company's ROA?

c. What is the company's ROE? Solutions:

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