Wims, Inc., has sales of $19.5 million, total assets of $14.5 million and total debt of $5.3
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Question:
Wims, Inc., has sales of $19.5 million, total assets of $14.5 million and total debt of $5.3 million. The profit margin is 8 percent. |
a. | What is the company's net income? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.) |
b. | What is the company's ROA? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.) |
c. | What is the company's ROE? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.) |
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