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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?
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?
Group of answer choices
$83,013.69
$82,147.09
$48,195
$81,311.29
$80,485.65
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