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Griffey Junior Wear has $ 1 , 0 4 0 , 0 0 0 in assets and $ 6 4 9 , 0 0 0
Griffey Junior Wear has $ in assets and $ of total debt. It reports net income of $
a What is its ROA return on assetsDo not round intermediate calculations. Round the final answer to decimal place.
Return on assets
b What is the return on shareholders equity? Do not round intermediate calculations. Round the final answer to decimal places.
Return on equity
c If the firm has an asset turnover ratio of times, what is the profit margin? Round the final answer to decimal places.
Profit margin
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