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DTO, Incorporated, has sales of $38 million, total assets of $22 million, and total debt of $5 million. a. If the profit margin is 9

DTO, Incorporated, has sales of $38 million, total assets of $22 million, and total debt of $5 million.

a. If the profit margin is 9 percent, what is the net income?

-$1,530,000

-$1,980,000

-$3,078,000

-$3,330,000

b. What is the ROA?

-13.99%

-15.55%

-20.12%

-22.73%

c. What is the ROE?

-18.11%

-20.12%

-22.73%

-68.40%

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