Selby Digital Solutions has: Sales: $25.5 million Total Assets: $16.2 million (not needed for this calculation) Total Debt: $6.8 million (not needed for this calculation) Profit Margin: 9.5% What is the net income?
Selby Digital Solutions has: Sales: $25.5 million Total Assets: $16.2 million (not needed for this calculation) Total Debt: $6.8 million (not needed for this calculation) Profit Margin: 9.5% What is the net income?
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
Problem 8P
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sub. general accounting
Transcribed Image Text:Selby Digital Solutions has:
Sales: $25.5 million
Total Assets: $16.2 million (not needed for this calculation)
Total Debt: $6.8 million (not needed for this calculation)
Profit Margin: 9.5%
What is the net income?
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