Question
Archware Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $22.990 billion. Their net profit margin for the
Archware Systems has total assets of $35.594
billion, total debt of $9.678 billion, and net sales of $22.990 billion. Their
net profit margin for the year was 0.21, while the operating profit
margin was 30 percent. Whatis Archware's net income? (Answer needs to be stated in billions. For example: 2.83) Round to two decimal places.
I got 4.8279 rounded 4.83 is this correct
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Bond Markets Analysis and Strategies
Authors: Frank J.Fabozzi
9th edition
133796779, 978-0133796773
