Henderson Manufacturing has a profit margin of 7.2 percent on sales of $18,500,000. The company has debt of $6,800,000 and total assets of $12,400,000. What is the firm's ROA?
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Henderson manufacturing has a profit margin solve this general accounting question
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- During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000, 000. What is the sales margin?SOLVEWims Inc., has sales of $18.3 million total assts of $13.3 million and total debt of $4.1 million. The profit margin is 11 percent. a. What is the company's net income? b. What is the company's ROA? c. What is the company's ROE?
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