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Problem 8: Wally's Walkers and Whatnot Products has a profit margin of 12.00%, sales of $2,000,000, debt of $700,000, total assets of $3,150,000. The ROA

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Problem 8: Wally's Walkers and Whatnot Products has a profit margin of 12.00%, sales of $2,000,000, debt of $700,000, total assets of $3,150,000. The ROA for Wally's is 8. Points: 10 Problem 9: Complete the following income statement for Pa Bell Corporation: 9a. The net income for Pa Bell is \$ 9a. Points: 5 96. The Addition to Retained Eamings for Pa Bell is \$ 9b. Points: 5 Problem 10: 4EM, Inc., has Sales of $1,900,000, total assets of $1.460.000, and a Debt-to-Equity ratio of 1 . If its ROE is 18.00% then its net income is $ 10. Points: 10

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