Question
Y3K, Inc., has sales of $2,000, total assets of 3,667, and a debtequity ratio of 2.7. If its return on equity is 0.2, what is
Y3K, Inc., has sales of $2,000, total assets of 3,667, and a debtequity ratio of 2.7. If its return on equity is 0.2, what is its net income? Round your answer to the nearest integer. (Please don't insert a dollar sign in your answer.)
finance 341
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Contemporary Issues In Quantitative Finance
Authors: Ahmet Can Inci
1st Edition
1032101121, 978-1032101125
