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Fido's Dog Spa financial sttements shows that its total assets equal $100,000, its return on assets (ROA) is 3 percent, and its return on equity
Fido's Dog Spa financial sttements shows that its total assets equal $100,000, its return on assets (ROA) is 3 percent, and its return on equity (ROE) is 5 percent. (a) Compute the company net income. (b) what portioin of total assets is financed with debts? Fido's has no preferred stock.
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