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1- sunnyside corporation has net income of $500,000 and sales of $18.000,000. Its interest expense is $180,000 and the company's tax rate is 30%. Assuming
1- sunnyside corporation has net income of $500,000 and sales of $18.000,000. Its interest expense is
$180,000 and the company's tax rate is 30%. Assuming this company paid a dividend of
$100,000, its operating profit margin (as a percent rounded to 1 decimal place) is:
A) 6.3%
B) 5.7%
C) 5.0%
D) 2.2%
E) 7.8%
F) There is not enough information provided to answer this question.
2- A company has return on equity (ROE) = 49.3 percent, average collection period
= 27 days, and equity multiplier = 3.1. Compute their return on assets (ROA). round to one decimal place as a percent
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