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Posted on Oct 05, 2024

Sunshine Rentals has a debt-equity ratio of .67. The return on equity is 8.1 percent, and common equity is $595,000. What is the net income?

Select one:

a. $83,013.69

b. $80,485.65

c. $48,195

d. $81,311.29

e. $82,147.09

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