ABC Corporation has sales of $9,500, total assets of $4,200, and a debt-equity ratio of 0.80. If its return on equity is 15 percent, what is its net income?
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- What is the return on assets?Y3K, Inc., has sales of $4,600, total assets of $3,270, and a debt-equity ratio of 1.40. If its return on equity is 19 percent, what its net income?Zombie Corp. has a profit margin of 7.6%, total asset turnover of 3.9, and ROE of 32.55%. What is this firm's debt-equity ratio???
- Anant Enterprises has sales of $750, total assets of $450, and a debt/equity ratio of 1.80. If its return on equity is 12 percent, what is its net income? Solve this problemSaddle Industries has sales of $625,400, total equity of $275,000, a net profit margin of 9.25 percent, and a debt-equity ratio of 0.70. What is the return on assets? ANSWERWhat is total liabilities?