Diamond eyes inc has sales of 27 million total assets of, Ask an Expert

Finance

Diamond Eyes, Inc., has sales of $27 million, total assets of $24.9 million, and total debt of $5.7 million. Assume the profit margin is 9 percent.

What is net income? (Enter your answer in dollars not in millions, i.e. 1,234,567.)

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

What is ROE? (Round your answer to 2 decimal places. (e.g., 32.16))

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92411198

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