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In 2 0 2 2 Scott Inc. had sales of $ 4 , 0 0 0 , 0 0 0 , net income of $

In 2022 Scott Inc. had sales of $4,000,000, net income of $305,000, total assets of $2,000,000 and total liabilities of $600,000. In the prior two years, 2020 and 2021, Scott Inc. had an ROE of 35% and 30%, respectively. The average ROE in the industry is currently 32%, average Net Profit Margin is 20%, average Total Asset Turnover is 1.75, average Current Ratio is 1.7, and average Equity Multiplier is 1.4.

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