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Y3K, Inc., has sales of $4,800, total assets of $3,200, and a debtequity ratio of 1.20. If its return on equity is 18 percent, what

Y3K, Inc., has sales of $4,800, total assets of $3,200, and a debtequity ratio of 1.20. If its return on equity is 18 percent, what its net income?

Choose one.

$576.00

$174.55

$864.00

$261.82

$87.27

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