Volkswagen AG had sales of €113,808 million, total assets of €167,919 million, and total debt of €69,380 million. Requirement 1: If the profit margin is 4.173 per cent, what was net income? (Round your answer to 1 decimal place (e.g., 32.1).) Net income €  million Requirement 2: What was ROA? (Round your answer to 2 decimal places (e.g., 32.16).) ROA % Requirement 3: What was ROE? (Round your answer to 2 decimal places (e.g., 32.16).) ROE %

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Volkswagen AG had sales of €113,808 million, total assets of €167,919 million, and total debt of €69,380 million.

Requirement 1: If the profit margin is 4.173 per cent, what was net income? (Round your answer to 1 decimal place (e.g., 32.1).)

Net income €  million

Requirement 2: What was ROA? (Round your answer to 2 decimal places (e.g., 32.16).)

ROA %

Requirement 3: What was ROE? (Round your answer to 2 decimal places (e.g., 32.16).)

ROE %
 

 

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