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Question 13 (5 points) Ajax Corp's sales last year were $510,000, its ROE were 25%, and its total asset turnover wer 2.63x. Common equity in

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Question 13 (5 points) Ajax Corp's sales last year were $510,000, its ROE were 25%, and its total asset turnover wer 2.63x. Common equity in the firm's balance sheet was 60% of its total assets. What was its net income? $29.087.45 $117,300.00 $335,325.00 $167,662.50

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