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Y3K, Inc., has sales of $4,500, total assets of $3,125, and a debtequity ratio of 1.60. If its return on equity is 10 percent, what

Y3K, Inc., has sales of $4,500, total assets of $3,125, and a debtequity ratio of 1.60. If its return on equity is 10 percent, what its net income?

rev: 09_17_2012

$312.50

$83.47

$450.00

$120.19

$36.73

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