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Last year, Stumble-on-Inn, Inc., reported an ROE of 19 percent. The firms debt ratio was 60 percent, sales were $31 million, and the capital intensity
Last year, Stumble-on-Inn, Inc., reported an ROE of 19 percent. The firms debt ratio was 60 percent, sales were $31 million, and the capital intensity was 1.30 times. |
Calculate the net income for Stumble- on-Inn last year |
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