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DTO, Inc., has sales of $16.7 million, total assets of $12.9 million, and total debt of $5.7 million. Assume the profit margin is 5 percent.
DTO, Inc., has sales of $16.7 million, total assets of $12.9 million, and total debt of $5.7 million. Assume the profit margin is 5 percent. a. What is net income? (Do not round intermediate calculations and enter your answer in dollars not in millions, e.g., 1,234,567.) percent rounded to 2 decimal places, e.g, 32.16.) percent rounded to 2 decimal places,e.g., 32.16. b. What is ROA? (Do not round intermediate calculations and enter your answer as a c. What is ROE? (Do not round intermediate calculations and enter your answer asa a. Net income b. ROA C. ROE 8.00 96 14.0001%
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