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In 2020, ABC Company announced an ROA of 8

Accounting

In 2020, ABC Company announced an ROA of 8.56%, ROE of 14.5%, and profit margin of 20.5%. The firm had total assets of $16.5 million at year-end 2020. marks) (2 Required: 1. Calculate the 2020 values of net income available to common stockholders. 2. Calculate the 2020 values of common stockholders' equity, 3. Calculate the 2020 values of net sales.

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