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Calculating Profitability Ratios [LO 2] Remi, Inc., has sales of

Question : Calculating Profitability Ratios [LO 2] Remi, Inc., has sales of : 2955

Calculating Profitability Ratios [LO 2] Remi, Inc., has sales of $15 million, total assets of $9 million, and total debt of $3.7 million. If the profit margin is 7 percent. What is net income? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars (e.g., 1, 234, 567).) What is ROA? (Do not round intermediate calculations. Enter your answer as a percent, rounded to 2 decimal places (e.g., 32.16).) What is ROE? (Do not round intermediate calculations. Enter your answer as a percent, rounded to 2 decimal places (e.g., 32.16).)

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