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Y3K, Inc., has sales of $7,565, total assets of $3,570, and a debtequity ratio of .43. Assume the return on equity is 13 percent. 1.What
Y3K, Inc., has sales of $7,565, total assets of $3,570, and a debtequity ratio of .43. Assume the return on equity is 13 percent.
1.What is the company's equity multiplier?
Equity multiplier times _______
2.What is the company's total asset turnover?
Total asset turnover times _____
3.What is the company's profit margin?
Profit margin _____%
4.What is the company's net income?
Net income $_______
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