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Final answer to the two decimal places QUESTION 28 (Do not round intermediate calculations. Use 1000 separator and round your answer to 2 decimal places,
Final answer to the two decimal places
QUESTION 28 (Do not round intermediate calculations. Use 1000 separator and round your answer to 2 decimal places, e.g., 1,032.16.) Y3K, Inc., has sales of $7,465, total assets of $3,520, and a debt-equity ratio of .33. Assume the return on equity is 12 percent. What is the company's equity multiplier? (Express this answer as times.) Equity multiplier: times What is the company's total asset turnover? (Express this answer as times.) Total asset turnover: times What is the company's profit margin? (Express this answer as percentage.) Profit margin: % What is the company's net income? Net income: $Step by Step Solution
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