Wims, Inc., has sales of $15.2 million, total assets of $9.8 million, and total debt of $3.7 million. The profit margin is 6 percent. What is net income?  What is ROA?  What is ROE?

2) Trout Lumber Yard has a current accounts receivable balance of $527,164. Credit sales for the year just ended were $6,787,626. What is the receivables turnover?  What are the days' sales in receivables? How long did it take on average for credit customers to pay off their accounts during the past year?

3) A7X Corporation has an ending inventory of $625,817, and the cost of goods sold for the year just ended was $9,758,345. What is the inventory turnover?  What are the days' sales in inventory? How long on average did a unit of inventory sit on the shelf before it was sold? 

4) For the past year, Hawkeye, Inc., had a cost of goods sold of $95,318. At the end of the year, the accounts payable balance was $22,816. How long, on average, did it take the company to pay off its suppliers during the year? What might a large value for this ratio imply?