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Please help complete! In 2021, Jake's Jamming Music, Inc, announced an ROA of 8.62 percent, ROE of 15.10 percent, and profit margin of 16.9 percent.
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In 2021, Jake's Jamming Music, Inc, announced an ROA of 8.62 percent, ROE of 15.10 percent, and profit margin of 16.9 percent. The firm had total assets of $101 million at yeat-end 2021 . Calculate the 2021 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.) Calculate the 2021 common stockhoiders' equity for Jake's Jamming Music. Inc. (Enter your answer in dollars not in millions and round to the nearest whole dollar.) Calculate the 2021 net sales for Jake's Jamming Music, Inc. (Enter your answer in dollars not in millions and round to the nearest whole dollar.) Step by Step Solution
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