A firm has a return on equity of 21 percent the total asset
A firm has a return on equity of 21 percent. The total asset turnover is 2.9 and the profit margin is 8 percent. The total equity is $8,000. What is the amount of the net income?
$640
$1,680
$4,872
$579
$1,856
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if the price level in canada is c18500 the price level in france is euro13095 and the spot exchange rate is c125euro
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