Wakers inc has sales of 35 million total assets of 28


Wakers, Inc., has sales of $35 million, total assets of $28 million, and total debt of $9 million.

Required:

(a) If the profit margin is 7 percent, what is the net income?

(b) What is the ROA?

(c) What is the ROE?

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Financial Management: Wakers inc has sales of 35 million total assets of 28
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