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Finance

In 2015, Jake's Jamming Music, Inc., announced an ROA of 8.56 percent, ROE of 14.5 percent, and profit margin of 20.5 percent. The firm had total assets of $9.5 million at year-end 2015. Calculate the 2015 values of

1) net income available to common stockholders,

2) common stockholders' equity,

3) and net sales for Jake's Jamming Music, Inc.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92739605

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