Question: Note: Please use excel 3 . Smith, Inc., has sales of $17.2 million, total assets of $16.1 million, and total debt of $7.5 million. If

Note: Please use excel

3. Smith, Inc., has sales of $17.2 million, total assets of $16.1 million, and total debt of $7.5 million. If the profit margin is 5%, what is net income? ROA? ROE?

4. Vitron Corp. has a current accounts receivable balance of $483,810. Credit sales for the year ended were $5,700,000. What is the receivables turnover? The days sales in receivables?

5.Beakman, Inc. has ending inventory of $400,000, and a cost of goods sold for the year ended $3,800,000. What is the inventory turnover? The days sales in inventory?

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