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Calculating Profitability Ratios: Tinkers Bells has sales of $27 million, total assets of $19 million, and total debt of $6.4 million. If the profit margin
Calculating Profitability Ratios: Tinkers Bells has sales of $27 million, total assets of $19 million, and total debt of $6.4 million. If the profit margin is 8 percent, what is net income? What is ROA? What is ROE?
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