TechNova Innovations Financial Analysis TechNova Innovations has the following financial metrics: Total Assets: $47.256 billion • Total Debt: $12.345 billion • Net Sales: $29.750 billion Net Profit Margin: 0.14 Operating Profit Margin: 25 percent Required: Calculate TechNova's Net Income

Fundamentals of Financial Management, Concise Edition (MindTap Course List)
9th Edition
ISBN:9781305635937
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter4: Analysis Of Financial Statements
Section: Chapter Questions
Problem 7DQ: From the Google Finance site, use the DuPont analysis to determine the total assets turnover ratio...
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TechNova Innovations Financial Analysis
TechNova Innovations has the following financial metrics:
Total Assets: $47.256 billion
• Total Debt: $12.345 billion
• Net Sales: $29.750 billion
Net Profit Margin: 0.14
Operating Profit Margin: 25 percent
Required: Calculate TechNova's Net Income
Transcribed Image Text:TechNova Innovations Financial Analysis TechNova Innovations has the following financial metrics: Total Assets: $47.256 billion • Total Debt: $12.345 billion • Net Sales: $29.750 billion Net Profit Margin: 0.14 Operating Profit Margin: 25 percent Required: Calculate TechNova's Net Income
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