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LO 2 2. Calculating Profitability Ratios Denver, Inc., has sales of $14.2 million, total assets of $11.3 million, and total debt of $4.9 million. If
LO 2 2. Calculating Profitability Ratios Denver, Inc., has sales of $14.2 million, total assets of $11.3 million, and total debt of $4.9 million. If the profit margin is 5 percent, what is net income? What is ROA? What is ROE?
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