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(Evaluating profitability) The Malia Corporation had sales in 2019 of $67 million, total assets of $44 million, and total liabilities of $22 million. The interest

(Evaluating profitability) The Malia Corporation had sales in 2019 of $67 million, total assets of $44 million, and total liabilities of $22 million. The interest rate on the company's debt is 6.9 percent and its tax rate is 21 percent. The operating profit margin was 12.2 percent. What were the company's operating income and net income? What was the operating return on assets and return on equity? Assume that interest must be paid on all of the debt.

Part 1

The operating profits were $enter your response here. (Round to the nearest dollar.)

Part 2

The net income was $enter your response here. (Round to the nearest dollar.)

Part 3

The operating return on assets was enter your response here%. (Round to one decimal place.)

Part 4

The return on equity was enter your response here%. (Round to one decimal place.)

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