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DTO, Inc., has sales of $39 million, total assets of $22 million, and total debt of $8 million. a. If the profit margin is 8

DTO, Inc., has sales of $39 million, total assets of $22 million, and total debt of $8 million.
a. If the profit margin is 8 percent, what is the net income?

b. What is the ROA?

Twist Corp. has a current accounts receivable balance of $287,615. Credit sales for the year just ended were $2,941,600.

a. What is the receivables turnover?

b. What is the days' sales in receivables?

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