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Mathematics, 11.07.2021 20:40 christylivingsowzxa2

n​ 2016, the Allen Corporation had sales of ​million, total assets of ​million, and total liabilities of million. The interest rate on the​ company's debt is ​percent, and its tax rate is percent. The operating profit margin is percent. a. Compute the​ firm's 2016 net operating income and net income. b. Calculate the​ firm's operating return on assets and return on equity.​ (Hint: You can assume that interest must be paid on all of the​ firm's liabilities.) a. Compute the​ firm's 2016 net operating income and net income. The​ firm's 2016 net operating income is ​$ nothing million. ​ (Round to two decimal​ places.)

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