Archware Systems has total assets of $35.594 billion,
Archware Systems has total assets of $35.594
billion, total debt of $9.678 billion, and net sales of $22.290 billion. Their
net profit margin for the year was 0.17, while the operating profit
margin was 30 percent. What is Archware’s net income? (Answer needs to be stated in billions. For example: 2.83) Round to two decimal places
JP Vineyards has sales of $866,000, a gross profit margin of 0.321, and inventory of $174,000. What is the company’s inventory turnover ratio? Round to two decimal places
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