For the year ended June 30, 2011, Northern Clothing Company has total assets of $87,631,181, ROA of
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For the year ended June 30, 2011, Northern Clothing Company has total assets of $87,631,181, ROA of 11.67 percent, ROE of 21.19 percent, and a profit margin of 11.59 percent. What are the company’s net income and net sales? Calculate the firm’s debt-to-equity ratio.
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Total assets 87631181 ROA 1167 ROE 2119 PM 1159 NI ROAXTA 01167...View the full answer
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Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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