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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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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