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For the year ended June 30, 2017, Sunland Clothing Company has total assets of $90,000,000, ROA of 9.00 percent, ROE of 12.00 percent, and a
For the year ended June 30, 2017, Sunland Clothing Company has total assets of $90,000,000, ROA of 9.00 percent, ROE of 12.00 percent, and a net profit margin of 8.00 percent. What are the company's net income and net sales? Calculate the firms 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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