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MC algo 3-9 DuPont Identity A firm has a return on equity of 22 percent. The total asset turnover is 2.1 and the profit margin

MC algo 3-9 DuPont Identity

A firm has a return on equity of 22 percent. The total asset turnover is 2.1 and the profit margin is 5 percent. The total equity is $3,900. What is the net income?

Multiple Choice

  • $858

  • $1,802

  • $195

  • $410

  • $409

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