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1 )A firm has a return on equity of 2 2 percent . The total asset turnover is2. 1 and the profit margin is 5

1 )A firm has a return on equity of 2 2 percent . The total asset turnover is2. 1 and the profit margin is 5 percent . The total equity is $3, 900 . Whatis the amount of net income ?2. $409b. $858C. $410d. $195e .$1. 802

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