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:X Company has sales of $4,800, total assets of $2,685, and a debt-equity ratio of 1.20. If its return on equity is 16 percent, what

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:X Company has sales of $4,800, total assets of $2,685, and a debt-equity ratio of 1.20. If its return on equity is 16 percent, what is its net income? 1. O $205 2. O $195 3. O $270 4. O $287

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