Blossom Systems has total assets of $ 34.050 billion, total debt of $ 8.745 billion, and net sales of $ 22.700 billion. Its net profit margin for the year is 18 percent, while the operating profit margin is 27 percent. What are Blossom’s net income, EBIT ROA, ROA, and ROE? (Round net income to 3 decimal places, e.g. 25.335. Round EBIT ROA, ROA and ROE to 1 decimal place, e.g.12.2%.)

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 1RE: Brandt Corporation had sales revenue of 500,000 for the current year. For the year, its cost of...
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Blossom Systems has total assets of $ 34.050 billion, total debt of $ 8.745 billion, and net sales of $ 22.700 billion. Its net profit margin for the year is 18 percent, while the operating profit margin is 27 percent. What are Blossom’s net income, EBIT ROA, ROA, and ROE? (Round net income to 3 decimal places, e.g. 25.335. Round EBIT ROA, ROA and ROE to 1 decimal place, e.g.12.2%.)

Net income   billion
EBIT ROA     %
ROA     %
ROE     %
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