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In 2018, Jake's Jamming Music, Inc. announced an ROA of 8.61 percent, ROE of 15.00 percent, and profit margin of 17.5 percent. The firm had
In 2018, Jake's Jamming Music, Inc. announced an ROA of 8.61 percent, ROE of 15.00 percent, and profit margin of 17.5 percent. The firm had total assets of $10.0 million at year-end 2018 Calculate the 2018 value of net income available to common stockholders for Jake's Jamming Music, Inc. (Enter your answer in dollars. Round your answer to the nearest whole dollar.) Answer is complete and correct. Net income 861,000 Calculate the 2018 value of common stockholders' equity for Jake's Jamming Music, Inc. (Enter your answer in dollars not in millions and round to the nearest whole dollar.) Answer is complete but not entirely correct. Comimon stockholders 4,920,000 63 equity Calculate the 2018 value of net sales for Jake's Jamming Music, Inc. (Enter your answer in dollars not in millions and round to the nearest whole dollar.) Net sales
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