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Please see question below. This is for a corporate finance course 55 Question Help a (Evaluating protability) The Malia Corporation had sales in 2015 of

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Please see question below. This is for a corporate finance course

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55 Question Help a (Evaluating protability) The Malia Corporation had sales in 2015 of $70 million, total assets of $40 million, and total liabilities of $16 million. The interest rate on the company's debt is 6.4 percent and its tax rate is 30 percent. The operating prot margin was 12.5 percent. What were the company's operating income and net income? What was the operating return on assets and return on equity? Assume that interest must be paid on all of the debt. The operating income was $|:|. (Round to the nearest dollar.) The net income was 35 . (Round to the nearest dollar.) The operating return on assets was %. (Round to one decimal place.) The return on equity was |:|/u. (Round to one decimal place.)

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