Shelton inc has sales of 13 million total assets of 11, Ask an Expert

Finance

Shelton, Inc., has sales of $13 million, total assets of $11 million, and total debt of $6.4 million. Assume the profit margin is 6 percent.

What is the company's net income? (Do not round intermediate calculations. Enter your answer in dollars not in millions, e.g., 1,234,567.)

What is the company's ROA? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

What is the company's ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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Financial Management, Finance

Category:- Financial Management
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