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Sandhill, Inc., has net income of $13,020,000 on net sales of $372,000,000.The company has total assets of $124,000,000 and stockholders' equity of $50,000,000. Use the
Sandhill, Inc., has net income of $13,020,000 on net sales of $372,000,000.The company has total assets of $124,000,000 and stockholders' equity of $50,000,000. Use the extended DuPont identity to find the return on assets and return on equity for the firm. (Round answers to 2 decimal places, e.g. 12.25 or 12.25%.) Profit margin Total assets turnover times ROA ROE
Sandhill, Inc. has net income of $13,000,000 annet sales of $372.000.000.The company has total assets of $124,000,000 and stockholders' equity of 550,000,000. Use the extended DuPont identity to find the return on assets and return on equity for the firm. Round owers to 2 decimal places, eg 12.25 or 12.25 Profit margin Total assets turnover ROA ROE times % %
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