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Denver, Incorporated, has sales of $19.8 million, total assets of $14.8 million, and total debt of $5.6 million. The profit margin is 11 percent. a.
Denver, Incorporated, has sales of $19.8 million, total assets of $14.8 million, and total debt of $5.6 million. The profit margin is 11 percent. a. What is the company's net income? Note: Do not round intermediate calculations and enter your answer in dollars, not millons 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
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