Question
Wildhorse Systems has total assets of $34.500 billion, total debt of $9.675 billion, and net sales of $22.500 billion. Its net profit margin for the
Wildhorse Systems has total assets of $34.500 billion, total debt of $9.675 billion, and net sales of $22.500 billion. Its net profit margin for the year is 15 percent, while the operating profit margin is 23 percent. What are Wildhorses net income, EBIT ROA, ROA, and ROE?
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Fundamental Accounting Principles
Authors: Larson Kermit, Tilly Jensen
Volume I, 14th Canadian Edition
71051503, 978-1259066511, 1259066517, 978-0071051507
