what is net income? What is ROA? What is ROE?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 6P
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5. Anderson Inc. has sales of $17.6 million, total assets of $13.5 million, and total debt of $6.2 million. If
profit margin is 5.2%, what is net income? What is ROA? What is ROE?

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