Hii expert please given correct answer general accounting question Archware Systems has:Total assets $35.594 billionTotal debt $9.678 billionNet sales$23.630 billionTheir net profit margin for the year was 0.25, while the operating profitmargin was 30 percent.What is Archware's Net income?

Archware Systems' net income can be identified using the given net profit margin and net sales. The…

Answered: Archware Systems has: Total assets…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter16: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 29E

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Archware Systems has: Total assets $35.594 billion Total debt $9.678 billion Net sales $23.630 billion Their net profit margin for the year was 0.25, while the operating profit margin was 30 percent. What is Archware's Net income?