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Ajax Corp's sales last year were $ 5 1 0 , 0 0 0 , its ROE were 2 5 % , and its total

Ajax Corp's sales last year were $510,000, its ROE were 25%, and its total asset turnover wer 2.63x. Common equity in the firm's balance sheet was 60% of its total assets. What was its net income?
$167,662.50
$335,325.00
$29,087.45
$117,300.00
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