Question: Accessibility tab summary: Students please use the information below to complete the question completing the required cells. Given information for this question is presented in

Accessibility tab summary: Students please use the information below to complete the question completing the required cells. Given information for this question is presented in rows 6 through 9. The required answers are in rows 15 through 18.
Denver, Inc., has sales of $14.2 million, total assets of $11.3 million, and total debt of $4.9 million. If the profit margin is 5 percent, what is net income? What is ROA? What is ROE?
Input area:
Sales $14,200,000
Total assets $11,300,000
Total debt $4,900,000
Profit margin 5%
(Use cells A6 to B9 from the given information to complete this question.)
Output area:
Net income $710,000
Return on assets 628.32%
Total equity $6,400,000
Return on equity 11.09%

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