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Lion Inc., has sales of $2492, total assets of $800, and a debtequity ratio of 0.7. If its return on equity is 17%. What is

Lion Inc., has sales of $2492, total assets of $800, and a debtequity ratio of 0.7. If its return on equity is 17%. What is Lions Net Income? Hint: Use the DuPont Model. (Round final answer to 2 decimal places. Do not round intermediate calculations).

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