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Problem 3-25 DuPont Analysis (LG3-6) Last year, Stumble-on-Inn, Inc., reported an ROE of 18 percent. The firms debt ratio was 60 percent, sales were $33
Problem 3-25 DuPont Analysis (LG3-6)
| Last year, Stumble-on-Inn, Inc., reported an ROE of 18 percent. The firms debt ratio was 60 percent, sales were $33 million, and the capital intensity was 1.25 times. |
| Calculate the net income for Stumble-on-Inn last year. (Do not round intermediate calculations. Enter your answer in dollars not in millions.) |
| Net income $ ____ |
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