[tydrianna]

•Calculate the pretax income and return on investment for a company with sales and expenses as follows:
- Sales = $40,000,000
- Cost of goods sold = $25,000,000
- Selling and administrative expenses =5,000,000
- Interest expense = 1,000,000
- Income taxes = 5,850,000
- Shareholders’equity = $800,000
•Comment on the company’s profitability.

[Curlyben]

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