Problem $3-8$ Profitability Ratios $($LG$3-4)$

In $2021,$ Jake's Jamming Music, Inc., announced an ROA of $8\mathrm{.}62$ percent, ROE of $15\mathrm{.}10$ percent, and profit margin of $16\mathrm{.}9$ percent. The

firm had total assets of $$10\mathrm{.}1$ million at year$-$end $2021.$

Calculate the $2021$ value of net income available to common stockholders for Jake's Jamming Music, Inc. $($Enter your answer in

dollars. Round your answer to the nearest whole dollar.$)$

Net income

Calculate the $2021$ common stockholders' equity for Jake's Jamming Music, Inc. $($Enter your answer in dollars not in millions and

round to the nearest whole dollar.$)$

Common stockholders' equity

Calculate the $2021$ net sales for Jake's Jamming Music, Inc. $($Enter your answer in dollars not in millions and round to the nearest

whole dollar.$)$

Net sales