Question: Using the Du Pont Identity Y3K, Inc., has sales of $4,800, total assets of $2,685, and a debtequity ratio of 1.20. If its return on
Using the Du Pont Identity Y3K, Inc., has sales of $4,800, total assets of $2,685, and a debt—equity ratio of 1.20. If its return on equity is 16 percent, what is its net income?
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