Nova Vision, Inc. has sales of $22 million, total assets of $16.5 million, and total debt of $7.5 million. The profit margin is 10%. A. What is net income? B. What is ROA (Return on Assets)?
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- Mari Mari Berhad has sales of RM29,000, total assets of RM17,500, and total debt of RM6,300. If the Net Profit Margin is 9%; a) What is the Net Income ? b) What is the Return on Asset ? c) What is the Return on Equities ?Calculating Profitability Ratios Wims, Inc., has sales of $15.2 million, total assets of $9.8 million, and total debt of $3.7 million. If the profit margin is 6 percent, what is the net income? What is the ROA? What is the ROE?What is the net income?