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Total assets are $14.2million, while sales are $19.2million, and total liabilities are $5 million. Profit margin equals 10%. Requirement 1: What is net income? (Do
Total assets are $14.2million, while sales are $19.2million, and total liabilities are $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 | % |
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