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(Solved): In 2021, Jake's Jamming Music, Inc, announced an ROA of \( 8.47 \) percent, ROE of \( 13.60 \) perc ...
In 2021, Jake's Jamming Music, Inc, announced an ROA of \( 8.47 \) percent, ROE of \( 13.60 \) percent, and profit margin of \( 9.1 \) percent. The firm had total assets of \( \$ 8.6 \) million at year-end 2021 . Calculate the 2021 value of net income available to common stockholders for Jake's Jamming Music, Inc. (Enter your answer in dollars. Round your answer to the nearest whole dollar.) Calculate the 2021 common stockholders' equity for Jake's Jamming Music; Inc, (Enter your answer in dollars not in millions and round to the nearest whole dollar.) Calculate the 2021 net sales for Jake's Jamming Music, Inc. (Enter your answer in dollars not in millions and round to the nearest whole dollar.)