Wakers, Inc. has sales of $29 million, total assets of $17.5 million, and total debt of $6.3
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Wakers, Inc. has sales of $29 million, total assets of $17.5 million, and total debt of $6.3 million. If the profit margin is 8 percent, what is net income? What is ROA? What is ROE?
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The profit margin is net incomesales Since it equals 8 net income must be 2320000 multiply 8 ti...View the full answer
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Related Book For
Essentials Of Corporate Finance
ISBN: 9780073405131
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
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