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Y3K, Inc., has sales of $4,300, total assets of $2,870, and a debt-equity ratio of 1.50. If its return on equity is 16 percent, what
Y3K, Inc., has sales of $4,300, total assets of $2,870, and a debt-equity ratio of 1.50. If its return on equity is 16 percent, what its net income? Multiple Choice $459.20 $122.60 $61.08 $688.00 $183.68 Jack Corp. has a profit margin of 8.70 percent, total asset turnover of 1.45, and ROE of 18.69 percent. What is the firm's debt-equity ratio? Multiple Choice 0.48 0.02 0.67 0.43 0.53 If Roten Rooters, Inc., has an equity multiplier of 1.34, total asset turnover of 1.26, and a profit margin of 9.50 percent. What is its ROE? Multiple Choice 17.64% 14.44% 16.04% 15.40% -4.07%
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