Marshall’s Clothing Company has total assets of $90 million, ROA of 24%, ROE of 21% and a net profit margin of 12%.    Based on the information above, what is the company's net income?       Based on the information above, what is the company's sales?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 3PA: Macon Mills is a division of Bolin Products. Inc. During the most recent year, Macon had a net...
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Marshall’s Clothing Company has total assets of $90 million, ROA of 24%, ROE of 21% and a net profit margin of 12%. 

 

  1. Based on the information above, what is the company's net income?

 

 

 

  1. Based on the information above, what is the company's sales?
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