25) Music Row, Inc. has sales of $32 million, total assets of $43 million, and total debt of $9 million. If the profit margin is 7%, what is net income? What is ROA? What is ROE? Profit margin = net income /sale Net income = profit margin *sale = 7%* 32 million = 2.24 million ROA=NI/ total asset = 2.24 million/43 million ROE = NI/Total equity =NI/(total asset - total debt)