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Y3K, Inc., has sales of $5783, total assets of $2604, and a debt-equity ratio of 0.75. If its return on equity is 11 percent, what
Y3K, Inc., has sales of $5783, total assets of $2604, and a debt-equity ratio of 0.75. If its return on equity is 11 percent, what is its net income?
| Total Assets | $2604 |
| Sales | $5783 |
| Debt-Equity Ratio | 0.75 |
| Return on Equity | 11% |
What is Profit Margin? What is Net Income?
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International Business Finance
Authors: Michael Connolly
1st Edition
0415701538, 9780415701532
