Last year, Sunlight Electronics had an ROA of 12%, a profit margin of 15%, and total assets of $36 million. Calculate Sunlight Electronics' total sales.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 6EB: During the current year, Plainfield Manufacturing earned income of $845,000 from total sales of...
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I need help with this general accounting question using standard accounting techniques.

Last year, Sunlight Electronics had an ROA of 12%, a
profit margin of 15%, and total assets of $36 million.
Calculate Sunlight Electronics' total sales.
Transcribed Image Text:Last year, Sunlight Electronics had an ROA of 12%, a profit margin of 15%, and total assets of $36 million. Calculate Sunlight Electronics' total sales.
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