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Y3K, Inc., has sales of $2,800, total assets of $1,705, and a debt-equity ratio of 1.00. What is its net income if the return on

Y3K, Inc., has sales of $2,800, total assets of $1,705, and a debt-equity ratio of 1.00. What is its net income if the return on equity is 18 percent?

A

125.54

B

187.25

C

198.04

D

153.45

E

225.77

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