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26. Company X has $6 million in sales; its ROE is 12 percent and its total assets turnover is 2.5x. The company is 25% equity

26. Company X has $6 million in sales; its ROE is 12 percent and its total assets turnover is 2.5x. The company is 25% equity financed. What is its net income? a. $48,000.00 b. $80,000.00 $72,000.00 d. $ 6,000.00 e $60,000.00 2.5 X Y

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