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Last year, K9 WebbWear, Inc., reported an ROE of 22 percent. The firm’s debt ratio was 50… 1 answer below » Last year, K9 WebbWear, Inc., reported an ROE of 22 percent. The firm’s debt ratio was 50 percent, sales were $20 million, and the capital intensity was 1.25 times. This year, K9 WebbWear plans to increase its debt ratio to 60 percent. The change will not affect sales or total assets, however, it will reduce the firm’s profit margin to 12 percent. Calculate the net income and profit margin for K9 WebbWear last year. Feb 07 2016 01:48 AM