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70 ) Calculate net income given the following information : fixed asset turnover = 8 times*; profit margin = 18. 75%; net fixed assets =

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70 ) Calculate net income given the following information : fixed asset turnover = 8 times*; profit margin = 18. 75%; net fixed assets = $30, 000 . A ) $ 43, 000 B ) $ 45. 000 C ) $ 46 , 000 D ) $ 42, 000 E ) $4 4. 000

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