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For the year ended June 30, 2017, Blossom Clothing Company has total assets of $99,000,000, ROA of 12.00 percent, ROE of 22.00 percent, and a
For the year ended June 30, 2017, Blossom Clothing Company has total assets of $99,000,000, ROA of 12.00 percent, ROE of 22.00 percent, and a net profit margin of 11.00 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%.)
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