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In Year 1, Aliyah's Boutique (a retail clothing company) sold 10,490 units of its product at an average price of $29 per unit. The company

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In Year 1, Aliyah's Boutique (a retail clothing company) sold 10,490 units of its product at an average price of $29 per unit. The company reported estimated returns and allowances in Year 1 of 2.0 percent of gross revenue. Aliyah's Boutique actually purchased 10,110 units of its product from its manufacturer in Year 1 at an average cost of $12 per unit. Aliyah's Boutique began Year 1 with 45,570 units of its product in inventory (carried at an average cost of $12 per unit). Operating expenses (excluding depreciation) for Aliyah's Boutique in Year 1 were $45,570, depreciation expense was $15,880, and interest expense was $9,570. Finally, Aliyah's Boutique's tax rate was 30 percent and Aliyah's Boutique paid of dividend of $3,100 at the end of Year 1. Aliyah's Boutique fiscal year runs from September 1 through August 31. Given this information, compute net income for Aliyah's Boutique for Year 1. Record your answer as a dollar amount rounded to 0 decimal places; do not include a dollar sign or any commas in your answer. For example, record $23,456.8905 as 23457 Listen Milfred, Inc. has return on equity (ROE) = 30.1 percent, accounts payable days = 37 days, return on assets (ROA) = 10.3 percent and net profit margin = 2.6 percent. Compute Milfred's debt ratio (i.e., D/A). Record your answer as a percent rounded to one decimal place but do not include the percent sign in your answer. Thus, record.32184 -32,1% as 32.1. Your Answer: Mitchel, Inc. has debt ratio of 12.6 percent, inventory turnover ratio = 8.0, and return on assets (ROA) = 39.4 percent. Compute Mitchel's return on equity.(ROE). Record your answer as a percent rounded to one decimal place but do not include the percent sign in your answer. Thus, recordy32184 -32.1% as 32.1. Your

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