Question
Use the following information from Amazons financial statements to calculate Amazons profit margin, total asset turnover, equity multiplier, and return on equity: a. Net income
Use the following information from Amazons financial statements to calculate Amazons profit margin, total asset turnover, equity multiplier, and return on equity: a. Net income = $3 billion b. Revenues = $178 billion c. Total assets = $131 billion d. Total liabilities = $58 billion 2. Stevens, Inc., has sales of $2.70 million, total assets of $1.31 million, and a debt-equity ratio of 1.20. If its ROE is 15%, what is its net income?
Stevens, Inc., has sales of $2.70 million, total assets of $1.31 million, and a debt-equity ratio of 1.20. If its ROE is 15%, what is its net income?
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