Asked by spparrow45

# LAST YEAR, STUMBLE -ON -INN INC. REPORTED ON roe OF 19% THE FIRM'S...

LAST YEAR, STUMBLE -ON -INN INC. REPORTED ON roe OF 19% THE FIRM'S DEBT RATIO WAS 60% PERCENT, SALES WERE 34 MILLION, AND THE CAPITAL INTENSITY WAS 1.30 TIMES.

CALCULATE THE NET INCOME FOR STUMBLE-ON -INN LAST YEAR. DO NOT ROUND INTERMEDIATE CALCULATIONS. ENTER YOUR ANSWER IN DOLLARS NOT IN MILLIONS.

**EXCEL SPREADSHEET**(**THE LINE NUMBERS ON THE EXCEL SPREADSHEET CORRESPOND TO THE QUESTIONS)**

**PLEASE SHOW THE FORMULAS FROM THE EXCEL SPREADSHEET. **

Line 7 ROE 19%

Line 8 DEBT RATIO 60%

Line 9 SALES $34,000,000

Line 10 CAPITAL INTENSITY RATIO 1.30

**COMPLETE THE FOLLOWING ANALYSI**S. DO NOT HARD CODE VALUES IN YOUR CALCULATIONS.

**TOTAL ASSETS_____________**

**TOTAL DEBT________________**

**TOTAL EQUITY_____________**

**NET INCOME______________**

Answered by Suman1404

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