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Remi, Inc., has sales of $19.1 million, total assets of $14.1 million, and total debt of $4.9 million. If the profit margin is 9 percent.
Remi, Inc., has sales of $19.1 million, total assets of $14.1 million, and total debt of $4.9 million. If the profit margin is 9 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 2 decimal places (e.g., 32.16).) |
ROA | % |
Requirement 3: |
What is ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)
|
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