Total assets are $13.7million, while sales are $18.7million, and total liabilities are $4.5 million. Profit margin equals 10%.

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).)

ROE

%

References

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