Calculate the return on assets for gwen inc

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Problem 1: If Gwen, Inc. has an equity multiplier of 2, total asset turnover of 0.75, and a net profit margin of 10%. Calculate the return on assets (ROA). Enter percentages as decimals and round to 4 decimals.

Problem 2: Then Gwen, Inc. has sales of 22,000, total assets of 18,000, an equity multiplier of 1.5, an ROE of 8%. Calculate the firm's net income. Round to 2 decimals.

Reference no: EM132988298

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