a) 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? What is ROE? What is ROA?
b) Bobaflex Corporation has ending inventory of $426,163 and cost of goods sold for the year just ended was $6,238,615. What is the inventory turnover? The days' sales in inventory? How long on average did a unit of inventory sits on the shelf before it was sold?