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4 . A fiem has total equily o f $ 7 0 , 0 0 0 , a nel profit magin o f 8 percent,

4. A fiem has total equily of $70,000, a nel profit magin of8 percent, an equity multipler of
1.6, and a total asset lunoyet of1.3. What is the anount of the filum's sales?
sIAFTTAIE
Nis
STA(112,000)=1.3TATE=1.6
s=1.3**112,000=145,600,??0,000=1.6
TA16,?**70,000-112,000
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