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For the year ended in June 30,2014 Northern Clothing Company has total assets of $66,600,000, ROA of 10.55 %, ROE of 22.36 percent and a

For the year ended in June 30,2014 Northern Clothing Company has total assets of $66,600,000, ROA of 10.55 %, ROE of 22.36 percent and a net profit margin of 9.88%. What are the company's net income and net sales? Calculate the firms debt-to-equity ratio. image text in transcribed
Problem 4.29 For the year ended June 30, 2014, Northern Clothing Company has total assets of $66,600,000, ROA of 10.55 percent, ROE of 22.36 percent, and a net profit margin of 9.88 percent. What are the company's net income and net sales? Calculate the firm's debt-to-equity ratio. (Round net income and net sales to the nearest whole dollar, e.g. 25 and round debt to equity ratio to 1 decimal place, e.g. 15.2%.) The company's net income is $ , net sales are $ , and the firm's debt-to-equity ratio is

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