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(Related to Checkpoint 4.3) (Analyzing Profitability) in 2016, the Allen Corperation had sales of S64 milion, fotal assets of 547 milion, and total labilites of
(Related to Checkpoint 4.3) (Analyzing Profitability) in 2016, the Allen Corperation had sales of S64 milion, fotal assets of 547 milion, and total labilites of $15 milion. The interest rate an the company's debt is 6.3 percent, and its fax rate is 35 percent. The operatng profit margen is 14 percent. a. Compute the firm's 2016 net operating incorre and net income. b. Calculate the firm's operating return on assets and refum on equity. (tint You can assume that inferest muat be paid on al of the firm's liabilibes) a. Compule the forms 2016 net eperating income and net income The firme 2016 net operating income is ! mallon. (Round to two decimal places.) (Related to Checkpoint 4.3) (Analyzing Profitability) in 2016, the Allen Corperation had sales of S64 milion, fotal assets of 547 milion, and total labilites of $15 milion. The interest rate an the company's debt is 6.3 percent, and its fax rate is 35 percent. The operatng profit margen is 14 percent. a. Compute the firm's 2016 net operating incorre and net income. b. Calculate the firm's operating return on assets and refum on equity. (tint You can assume that inferest muat be paid on al of the firm's liabilibes) a. Compule the forms 2016 net eperating income and net income The firme 2016 net operating income is ! mallon. (Round to two decimal places.)
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