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For the year ending March 31, 2019, Northern Air Cooling Corporation has: Total assets = $109,931,999 ROA = 9.67 % ROE = 11.19 % Net profit margin = 10.59 %   Determine the following: Net income: _____________ Sales: _____________ Equity Multiplier: _____________

For the year ending March 31, 2019, Northern Air Cooling Corporation has: Total assets = $109,931,999 ROA = 9.67 % ROE = 11.19 % Net profit margin = 10.59 %   Determine the following: Net income: _____________ Sales: _____________ Equity Multiplier: _____________

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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  1. For the year ending March 31, 2019, Northern Air Cooling Corporation has:
  • Total assets = $109,931,999
  • ROA = 9.67 %
  • ROE = 11.19 %
  • Net profit margin = 10.59 %

 

Determine the following:

  1. Net income: _____________
  2. Sales: _____________
  3. Equity Multiplier: _____________
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