Question: Please help. Thank you. Will like it. (Evaluating profitability) The Malia Corporation had sales in 2019 of $68 million, total assets of $40 million, and

Please help. Thank you. Will like it.
Please help. Thank you. Will like it. (Evaluating profitability) The Malia Corporation

(Evaluating profitability) The Malia Corporation had sales in 2019 of $68 million, total assets of $40 million, and total liabilities of \$22 million. The interest rate on the company's debt is 6.9 percent and its tax rate is 21 percent. The operating profit margin was 13 percent. What were the company's operating income and net income? What was the operating return on assets and return on equity? Assume that interest must be paid on all of the debt. The operating profits were $ (Round to the nearest dollar.)

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