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3. Sate Wak Joe has sales of RM3,100, total assets of RM1,580 and a debt-equity ratio of 1.20. Using Du Pont identity, determine the net

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3. Sate Wak Joe has sales of RM3,100, total assets of RM1,580 and a debt-equity ratio of 1.20. Using Du Pont identity, determine the net income, if its return on equity is 16 percent. [20 marks)

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