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Shelton, Inc., has sales of $28 million, total assets of $26.5 million, and total debt of $7.3 million. Assume the profit margin is 7 percent.
Shelton, Inc., has sales of $28 million, total assets of $26.5 million, and total debt of $7.3 million. Assume the profit margin is 7 percent. |
What is the company's net income? (Do not round intermediate calculations. Enter your answer in dollars not in millions, e.g., 1,234,567.) |
Net income | $ |
What is the company's ROA? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
ROA | % |
What is the company's ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
ROE | % |
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