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In 2018, Jake's Jamming Music, Inc. announced an ROA of 8.49 percent, ROE of 13.80 percent, and profit margin of 10.3 pe
Posted: Fri Jul 01, 2022 7:42 am
by answerhappygod
- In 2018 Jake S Jamming Music Inc Announced An Roa Of 8 49 Percent Roe Of 13 80 Percent And Profit Margin Of 10 3 Pe 1 (86.53 KiB) Viewed 47 times
In 2018, Jake's Jamming Music, Inc. announced an ROA of 8.49 percent, ROE of 13.80 percent, and profit margin of 10.3 percent. The firm had total assets of $8.8 million at year-end 2018. Calculate the 2018 value of net income available to common stockholders for Jake's Jamming Music, Inc. (Enter your answer in dollars. Round your answer to the nearest whole dollar.) Net income $ Calculate the 2018 value of common stockholders' equity for Jake's Jamming Music, Inc. (Enter your answer in dollars not in millions and round to the nearest whole dollar.) Common stockholders' equity Net sales $ 0 Calculate the 2018 value of net sales for Jake's Jamming Music, Inc. (Enter your answer in dollars not in millions and round to the nearest whole dollar.) 7