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Here and Gone. Inc.. has sales of $18.1 million, total assets of $13.1 million, and total debt of $3.9 million. Assume the profit margin is
Here and Gone. Inc.. has sales of $18.1 million, total assets of $13.1 million, and total debt of $3.9 million. Assume the profit margin is 9 percent. Requirement 1: What is net income? $1,179,000 $828,000 $1,278,000 $1,629,000 $351,000 Requirement 2: What is ROA? 12.44% 2.68% 6.32% 9.76% 9.00% Requirement 3: What is ROE? 17.71% 9.00% 3.82% 12.82% 13.89%
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