Y3k inc has sales of 6309 total assets of 2925 and a


Y3K, Inc., has sales of $6,309, total assets of $2,925, and a debt–equity ratio of 1.60. If its return on equity is 11 percent, what is its net income? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

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Financial Management: Y3k inc has sales of 6309 total assets of 2925 and a
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