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Page 2 of 2 Question 15 (1 point) During the latest year XYZ Corporation has total sales of $400.000, net income of 10000, and its

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Page 2 of 2 Question 15 (1 point) During the latest year XYZ Corporation has total sales of $400.000, net income of 10000, and its year-end total assets were S400.000. The firm's total debt to total assets ratio was 40%, what is firm's profit margin? (Enter your answers as a decimal rounded to 4 decimal places, not a percentage. Your Answer: For example, enter 0.0843 instead of 8.43%) Answer Question 16 (1 point) If a company's profit margin is 3% and its total asset turnover is 1.8, what is its return on assets (ROA)? (Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead Of 8.43%) Your

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