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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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