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4. Y3K, Inc., has sales of $4,200, total assets of $2,885, and a debtequity ratio of 1.20. If its return on equity is 15 percent,
4. Y3K, Inc., has sales of $4,200, total assets of $2,885, and a debtequity ratio of 1.20. If its return on equity is 15 percent, what its net income?
a. $61.59
b. $135.12
c. $196.70
d. $630.00
e. $432.75
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