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Last year, Stumble-on-Inn, Inc., reported an ROE of 19 percent. The firm's debt ratio was 60 percent, sales were $34 million, and the capital intensity

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Last year, Stumble-on-Inn, Inc., reported an ROE of 19 percent. The firm's debt ratio was 60 percent, sales were $34 million, and the capital intensity was 1.30 times. Calculate the net income for Stumble-on-Inn last year. (Do not round intermediate calculations. Enter your answer in dollars not in millions.) 19% 60% ROE Debt ratio Sales Capital intensity ratio $ 34,000,000 1.30 Complete the following analysis. Do not hard code values in your calculations. Total assets Total debt Total equity Net income Last year, Stumble-on-Inn, Inc., reported an ROE of 19 percent. The firm's debt ratio was 60 percent, sales were $34 million, and the capital intensity was 1.30 times. Calculate the net income for Stumble-on-Inn last year. (Do not round intermediate calculations. Enter your answer in dollars not in millions.) 19% 60% ROE Debt ratio Sales Capital intensity ratio $ 34,000,000 1.30 Complete the following analysis. Do not hard code values in your calculations. Total assets Total debt Total equity Net income

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