Here and Gone, Inc., has sales of $19.5 million, total assets of $14.5 million, and total debt of $5.3 million. Assume the profit margin is 8 percent.

Requirement 1:

What is net income? (Do not include the dollar sign ($). Enter your answer in dollars, not millions of dollars (e.g., 1,234,567).)

Net income

$

Requirement 2:

What is ROA? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).)

ROA

%

Requirement 3:

What is ROE? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).)

ROE

%