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The Malia Corporation had sales in 2019 of $65 million, total assets of $45 million, and total liability of $25 million. The interest rate on
The Malia Corporation had sales in 2019 of $65 million, total assets of $45 million, and total liability of $25 million. The interest rate on the company's debt is 6.7% and its tax rate is 21%. The operating profit margin was 12.8%. What were the company's operating income and net income? What was the operating return on assets and return on equity? Assume that interest must be paid on all of the debt.
The operating profits?
The net income?
The operating return on assets?
The return on equity?
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