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A firm has a return on equity of 21 percent. The total asset turnover is 2.0 and the profit margin is 9 percent. The total
A firm has a return on equity of 21 percent. The total asset turnover is 2.0 and the profit margin is 9 percent. The total equity is $7,400. What is the net income?
Multiple Choice
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$1,554
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$1,332
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$666
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$777
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$3,108
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