Denver, Incorporated, has sales of $28 million, total assets of $26. 5 million, and total

debt of $7. 3 million. Assume the profit margin is 7 percent.

a. What is the company's net income? (Do not round intermediate calculations and

enter your answer in dollars, not millions of dollars, e. G. , 1,234,567. )

b. What is the company's ROA? (Do not round intermediate calculations and enter your

answer as a percent rounded to 2 decimal places, e. G. , 32. 16. )

c. What is the company's ROE? (Do not round intermediate calculations and enter your

answer as a percent rounded to 2 decimal places, e. G. , 32. 16. )

a. Net income

$

2

b. ROA

c. ROE

st

%

%