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16. A firm has a return on equity of 15 percent. The debt-equity ratio is 50 percent. The total set turnover is 1.25 and the
16. A firm has a return on equity of 15 percent. The debt-equity ratio is 50 percent. The total set turnover is 1.25 and the net profit magnis percent. The fequity is $3.200 What is the amount of the net income? a $100 b. $500 a $540 d. 5600 O A a $400 8 b. $500 OC 9540 O D. d. 3000
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