Finance Homework - I'm so confused
How do I get net income and net sales from the question below?
For the year ended June 30, 2014, Northern Clothing Company has total assets of $83,410,000, ROA of 14.68 percent, ROE of 23.40 percent, and a net profit margin of 13.86 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%.)
Posted Feb 21, 2016, 10:12 PM UTC
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