I need help Volkswagen AG had sales of 113,808 million, total assets of...
50.1K
Verified Solution
Link Copied!
Question
Accounting
I need help
Volkswagen AG had sales of 113,808 million, total assets of 167,919 million, and total debt of 69,380 million. Requirement 1: If the profit margin is 4.173 per cent, what was net income? (Round your answer to 1 decimal place (e.g., 32.1).) Net income million Requirement 2: What was ROA? (Round your answer to 2 decimal places (e.g., 32.16).) ROA % Requirement 3: What was ROE? (Round your answer to 2 decimal places (e.g. 32.16).) ROE %
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
