A fire has destroyed a large percentage of the financial records of the Excandesco Company. You have the task of piecing together information in order to release a financial report. You have found the return on equity to be 16.3 percent. Sales were $1,785,000, the total debt ratio was .35, and total debt was $658,000.
What are the total assets? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
Total assets $
What is the total equity? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
Total equity $
What is the net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
Net income $
What is the return on assets (ROA)? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Return on assets %