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: _______

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 54CE

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Question

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: _____________

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