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Remi, Inc., has sales of $15 million, total assets of $9 million, and total debt of $3.7 million. If the profit margin is 7 percent.
Remi, Inc., has sales of $15 million, total assets of $9 million, and total debt of $3.7 million. If the profit margin is 7 percent.
Requirement 1:What is net income?(Do not round intermediate calculations.Enter your answer in dollars, not millions of dollars (e.g., 1,234,567).)
Net income$
Requirement 2:What is ROA?(Do not round intermediate calculations.Enter your answer as a percent, rounded to 2 decimal places (e.g., 32.16).)
ROA%
Requirement 3:What is ROE?
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