Question
Archware Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $23.250 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 $23.250 billion. Their
net profit margin for the year was 0.15, while the operating profit
margin was 30 percent. Whatis Archwares net income? (Answer needs to be stated in billions. For example: 2.83)
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Accounting Principles
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
7th Canadian Edition Volume 1
1119048508, 978-1119048503
