DTO, Inc., has sales of $32 million, total assets of $25 million, and total debt of $7 million.   a. If the profit margin is 6 percent, what is the net income?           b. What is the ROA?           c. What is the ROE?

Intermediate Financial Management (MindTap Course List)
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ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
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Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 2P: Vigo Vacations has $200 million in total assets, $5 million in notes payable, and $25 million in...
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DTO, Inc., has sales of $32 million, total assets of $25 million, and total debt of $7 million.


 

a. If the profit margin is 6 percent, what is the net income?
   
 
 


 

b. What is the ROA?
   
 
 


 

c. What is the ROE?
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