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A fire has destroyed a large percentage of the financial records of the Inferno Company. You have the task of piecing together information in
A fire has destroyed a large percentage of the financial records of the Inferno Company. You have the task of piecing together information in order to release a financial report. You have found the return on equity to be 17.1 percent. Sales were $1,805,000, the total debt ratio was .31, and total debt was $662,000. What are the total assets? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Total assets What is the total equity? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Total equity What is the net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income
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