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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,

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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? 15195 2. O$205 3 $270 4. $287

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