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Y3K, Inc., has sales of $7,485, total assets of $3,530, and a debt-equity ratio of .35. Assume the return on equity is 16 percent. What

Y3K, Inc., has sales of $7,485, total assets of $3,530, and a debt-equity ratio of .35. Assume the return on equity is 16 percent. What is the profit margin? What is the Net Income?

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