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DTO, Incorporated, has sales of $38 million, total assets of $25 million, and total debt of $8 million. a. If the profit margin is 7

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DTO, Incorporated, has sales of $38 million, total assets of $25 million, and total debt of $8 million. a. If the profit margin is 7 percent, what is the net income? Net income $1,190,000 $1,750,000 $2,394,000 $2,590,000 $2,660,000 b. What is the ROA? ROA 10.64% 15.65% 32.00% 33.25% 9.58% c. What is the ROE? ROE 14.09% 15.65% 32.00% 33.25%

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