Calculating profitability ratios-what is the companys net


Calculating Profitability Ratios 

Aquilera, Inc., has sales of $18.3 million, total assets of $13.3 million, and total debt of $4.1 million. The profit margin is 11 percent.

What is the company's net income? (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Net income            $

What is the company's ROA? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.)

ROA             %

What is the company's ROE? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.)

ROE             %

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Calculating profitability ratios-what is the companys net
Reference No:- TGS02340732

Expected delivery within 24 Hours