Question
Archware Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $22.730 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 $22.730 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)
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Introduction To Finance Markets, Investments, And Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
17th Edition
1119561175, 978-1119561170
