Assignment $3\mathrm{.}4$ Exercises

Problem $2$: Calculating Profitability Ratios

Sousa, Inc., has Sales of $$37\mathrm{.}3$ million, Total Assets of $$26\mathrm{.}5$ million, and Total Debt of $$11\mathrm{.}3$ million.

The company's Profit Margin is $6$ percent.

a$)$ What is the company's Net Income?

b$)$ What is the ROA?

c$)$ What is the ROE?

Create your Original Solution Below $-$ Be sure to show all calculations and clearly indicate answers.Assignment $3\mathrm{.}4$ Exercises

Problem $2$: Calculating Profitability Ratios $5$ Points

Sousa, Inc., has Sales of $$37\mathrm{.}3$ million, Total Assets of $$26\mathrm{.}5$ million, and Total Debt of $$11\mathrm{.}3$ million. The company's Profit Margin is $6$ percent.

a$)$ What is the company's Net Income?

b$)$ What is the ROA?

c$)$ What is the ROE?

Create your Original Solution Below $-$ Be sure to show all calculations and clearly indicate answers.