Remi, Inc., has sales of $15 million, total assets of $9 million, and total debt of $3.7

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Remi, Inc., has sales of $15 million, total assets of $9 million, and total debt of $3.7 million. If the profit margin is 7 percent, what is net income? What is ROA? What is ROE?

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Essentials of Corporate Finance

ISBN: 978-0078034756

8th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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