Denver, Incorporated, has sales of $19 million, total assets of $14 million, and total debt of...
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Denver, Incorporated, has sales of $19 million, total assets of $14 million, and total debt of $4.8 million. The profit margin is 8 percent. a. What is the company's net income? Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567. b. What is the company's ROA? Note: Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16. c. What is the company's ROE? Note: Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16. a. Net income b. ROA c. ROE % % Denver, Incorporated, has sales of $19 million, total assets of $14 million, and total debt of $4.8 million. The profit margin is 8 percent. a. What is the company's net income? Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567. b. What is the company's ROA? Note: Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16. c. What is the company's ROE? Note: Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16. a. Net income b. ROA c. ROE % %
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