Intermediate Financial Management (MindTap Course List)
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN: 9781337395083
Author: Eugene F. Brigham, Phillip R. Daves
Publisher: Cengage Learning
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Diamond Eyes, Inc., has sales of $18 million, total assets
of $15.6 million, and total debt of $6.3 million. The profit
margin is 8 percent.
1. What is net income?
2. What is ROA?
3. What is ROE?
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Transcribed Image Text:Diamond Eyes, Inc., has sales of $18 million, total assets of $15.6 million, and total debt of $6.3 million. The profit margin is 8 percent. 1. What is net income? 2. What is ROA? 3. What is ROE?
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Intermediate Financial Management (MindTap Course...
Finance
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Cengage Learning