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Show work 16. Felton Farm Supplies, Inc. has an ROA (return on assets) of 12 percent, total assets of $400,000 and a net profit margin

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16. Felton Farm Supplies, Inc. has an ROA (return on assets) of 12 percent, total assets of $400,000 and a net profit margin of 4.5 percent. What are Felton Farm Supplies annual sales? 17. Krisle and Kringle's debt-to-total assets ratio is 54.4 (i.e., debt ratio-54.4%). What is the company's debt-to- equity ratio? (Enter answer as a ratio rounded to 2 decimal places-that is, do not convert to a percent; for example, enter 80/35 2.2857 as 2.29) 18, Philips, Inc has a debt ratio of 22.5% and ROE-15%. What is Phillips' ROA? (Enter answer as a percent). 19. A firm has an ROA of 1 8% and a debt/equity ratio of 0.55. The firm's ROE is --(Enter answer as a percent)

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