Question: need asap please please answer in clear Remi, Inc., has sales of $19.3 million, total assets of $14.3 million, and total debt of $5.1 million.
Remi, Inc., has sales of $19.3 million, total assets of $14.3 million, and total debt of $5.1 million. If the profit margin is 11 percent Requirement 1: What is net income? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars (e.g., 1,234,567).) Net Income $ Requirement 2: What is ROA? (Do not round intermediate calculations. Enter your answer as a percent rounded 2 decimal places (e.g., 32.16).) ROA % Requirement 3: What is ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).) ROE %
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
