Question: 3. The Elegant Dump Inn has the below ratios: Return on Equity: 10% Total Asset Turnover: 1.5 Profit Margin: 5% Total Assets are $5,000,000 and

3. The Elegant Dump Inn has the below ratios: Return on Equity: 10% Total Asset Turnover: 1.5 Profit Margin: 5% Total Assets are $5,000,000 and the numbers on the balance sheet have remained constant for the last 2 years. What are the Inn's annual sales? What are the Inn's net income? What is the amount of the Inn's total debt (liabilities)

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