JennyPets
Oct 13, 2008, 04:44 PM
How do you find the return on assets and the return on equity given the following?
Sales $27,000,000
Total assets 19,000,000
Total debt 6,400,000
Profit margin 8%
Net income 2,160,000
Sales $27,000,000
Total assets 19,000,000
Total debt 6,400,000
Profit margin 8%
Net income 2,160,000