value: 14.28 points Y3K, Inc., has sales of $7,535, total assets of $3,555, and a debt-equity ratio of 40. Assume the returm on equity is 16 percent What is its net income? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net income References eBook & Resources Worksheet Learning Objective: 03-03 Assess the deteriminants of a firms profitability and growth. Difficulty: 2 Intermediate Section: 3.3 The DuPont Identity