Question
Archware Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $23.820 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 $23.820 billion. Their
net profit margin for the year was 0.20, 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.
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Principles Of Corporate Finance
Authors: Lawrence J. Gitman, Sean M. Hennessey
2nd Canadian Edition
0321452933, 978-0321452931
