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your firm has current assets of $1.6 million with a current ratio of 2.4 and a quick ratio of 0.8. Your inventory turnover is 6

your firm has current assets of $1.6 million with a current ratio of 2.4 and a quick ratio of 0.8. Your inventory turnover is 6 and your profit margin is 5%. If cost of goods sold are 40% of your sales, what is your net income?

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