Question: Week 2 Practice Problem Set 2 #1 DTO, Inc., has sales $21,000,000 total assets $18,300,000 total debt $9,500,000 profit margin 9.00% #1 What is the
| Week 2 | |||
| Practice Problem Set 2 | |||
| #1 | DTO, Inc., has | ||
| sales | $21,000,000 | ||
| total assets | $18,300,000 | ||
| total debt | $9,500,000 | ||
| profit margin | 9.00% | ||
| #1 | What is the company's net income? | ||
| a | net income = | $1,890,000 | |
| b | net income = | $1,980,000 | |
| c | net income = | $1,990,000 | |
| d | net income = | $1,790,000 | |
| #2 | What is the company's return on assets (ROA)? | ||
| a | 10.33% | ||
| b | 9.33% | ||
| c | 12.25% | ||
| d | 8.86% | ||
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