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Y3K, Inc., has sales of $6,199, total assets of $2,815, and a debtequity ratio of 1.20. If its return on equity is 12 percent, what
Y3K, Inc., has sales of $6,199, total assets of $2,815, and a debtequity ratio of 1.20. If its return on equity is 12 percent, what is its net income? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)
Net income | $ |
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