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16. XYZ Inc. has sales of $6,183, total assets of 3,000 and a debt equity ratio of 0.65. If the return on equity is 12

16. XYZ Inc. has sales of $6,183, total assets of 3,000 and a debt equity ratio of 0.65. If the return on equity is 12 percent, what is the net income? A) $208.37 B) $218.18 C) $360 D) $741.96

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