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Brooklyn Designs, Inc. had a Return on Assets (ROA) of 7.2%, a Profit Margin of 12.8%, and Sales of $25 million. Calculate Brooklyn Designs' total assets. (Enter your answer in millions.)

Brooklyn Designs, Inc. had a Return on Assets (ROA) of 7.2%, a Profit Margin of 12.8%, and Sales of $25 million. Calculate Brooklyn Designs' total assets. (Enter your answer in millions.)

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 1RE: Brandt Corporation had sales revenue of 500,000 for the current year. For the year, its cost of...
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Subject:  General accounting

Brooklyn Designs, Inc. had a Return on Assets (ROA) of 7.2%, a Profit Margin of 12.8%, and Sales of $25 million. Calculate Brooklyn Designs' total assets. (Enter your answer in millions.)
Transcribed Image Text:Brooklyn Designs, Inc. had a Return on Assets (ROA) of 7.2%, a Profit Margin of 12.8%, and Sales of $25 million. Calculate Brooklyn Designs' total assets. (Enter your answer in millions.)
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