Volkswagen AG had sales of €113,808 million, total assets of €167,919 million, and total debt of €69,380 million. Requirement 1: If the profit margin is 4.173 per cent, what was net income? (Round your answer to 1 decimal place (e.g., 32.1).) Net income € million Requirement 2: What was ROA? (Round your answer to 2 decimal places (e.g., 32.16).) ROA % Requirement 3: What was ROE? (Round your answer to 2 decimal places (e.g., 32.16).) ROE %
Volkswagen AG had sales of €113,808 million, total assets of €167,919 million, and total debt of €69,380 million. Requirement 1: If the profit margin is 4.173 per cent, what was net income? (Round your answer to 1 decimal place (e.g., 32.1).) Net income € million Requirement 2: What was ROA? (Round your answer to 2 decimal places (e.g., 32.16).) ROA % Requirement 3: What was ROE? (Round your answer to 2 decimal places (e.g., 32.16).) ROE %
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 7P: Ace Industries has current assets equal to 3 million. The companys current ratio is 1.5, and its...
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Volkswagen AG had sales of €113,808 million, total assets of €167,919 million, and total debt of €69,380 million.
Requirement 1: If the profit margin is 4.173 per cent, what was net income? (Round your answer to 1 decimal place (e.g., 32.1).)
Net income | € million |
Requirement 2: What was
ROA | % |
Requirement 3: What was
ROE | % |
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