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C. $821.69 d. $862.77 e. $905.91 13. An investor is considering starting a new business. The company would require $475,000 of assets, and it would

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C. $821.69 d. $862.77 e. $905.91 13. An investor is considering starting a new business. The company would require $475,000 of assets, and it would be financed entirely with common stock. The investor will go forward only if she thinks the firm can provide a 13.5% return on the invested capital, which means that the firm must have an ROE of 13.5%. How much net income must be expected to warrant starting the business? (C-3) a. $52,230 b. $54,979 C. $57,873 onducted by con s d. $60,919 C e. $64,125 Page 4 of 6 Ver P Rev. Feb 2020

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