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Bull Company's sales last year were $1,325,000, its ROE were 32%, and its total asset turnover wer 1.12x. Common equity in the firm's balance sheet

Bull Company's sales last year were $1,325,000, its ROE were 32%, and its total asset turnover wer 1.12x. Common equity in the firm's balance sheet was 55% of its total assets. What was its net income? $213,696.00 $261,184.00 $170,357.14 $208,214.29

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