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2. A company has sales of $39 million, total assets of $23 million, and total debt of $8 million. If the profit margin is 6%

2. A company has sales of $39 million, total assets of $23 million, and total debt of $8 million. If the profit margin is 6% what is the net income? (Remember: PM = NI / Sales) What is the ROA? What is the ROE

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