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DuPont Analysis Last year, PJ ' s Ice Cream Parlors, Incorporated reported an ROE = 1 2 . 7 % . The firm's debt ratio

DuPont Analysis Last year, PJ's Ice Cream Parlors, Incorporated reported an ROE =12.7%. The firm's debt ratio
was 33%, sales were $32 million, and the capital intensity ratio was .82 times. What is the net income for PJ's
last year? (Do not round intermediate steps.)
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