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Fido’s Dog Spa’s financial statements show that its total assets equal $100,000, its return on… 1 answer below » Fido’s Dog Spa’s financial statements show that its total assets equal $100,000, its return on as- sets (ROA) is 3 percent, and its return on equity (ROE) is 5 percent. (a) Compute the company’s net income. (b) What portion of total assets is financed with debt? Fido’s has no preferred stock. Feb 01 2016 08:41 AM