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(Related to Checkpoint 4.3) (Analyzing Profitability) in 2016, the Alen Corporation had sales of \$64 mullion, total assets of $47 milion, and total labilfes of $15 milion. The interest rate on the company's debt is 6.3 percent, and its tax rate is 35 percent. The operating profit margin is 14 percent. a. Compute the ferti's 2016 net operating income and net income b. Calculate the firm's operating return on assets and retum on equity (Hint You can assume that interest must be paid on al of the firmis liablities.) a. Compute the firm's 2016 net eperating income and net income. The frm's 2016 net eperating incorne is 1 milion. (Round to two decimal places.) (Related to Checkpoint 4.3) (Analyzing Profitability) in 2016, the Alen Corporation had sales of \$64 mullion, total assets of $47 milion, and total labilfes of $15 milion. The interest rate on the company's debt is 6.3 percent, and its tax rate is 35 percent. The operating profit margin is 14 percent. a. Compute the ferti's 2016 net operating income and net income b. Calculate the firm's operating return on assets and retum on equity (Hint You can assume that interest must be paid on al of the firmis liablities.) a. Compute the firm's 2016 net eperating income and net income. The frm's 2016 net eperating incorne is 1 milion. (Round to two decimal places.)

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