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Wakers, Inc., has sales of $35 million, total assets of $28 million, and total debt of $9 million. Required: (a) If the profit margin is
| Wakers, Inc., has sales of $35 million, total assets of $28 million, and total debt of $9 million. |
| Required: |
| (a) | If the profit margin is 7 percent, what is the net income? |
| (Click to select) |
| (b) | What is the ROA? |
| (Click to select)32.14%27.22%7.88%8.75%12.89% |
| (c) | What is the ROE? |
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
