A firm has a return on equity of 15 the debt-equity ratio
A firm has a return on equity of 15%. The debt-equity ratio is 50%. The total asset turnover is 1.25 and the profit margin is 8%. The total equity is $3,200. What is the amount of the net income?
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a firm has a return on equity of 15 the debt-equity ratio is 50 the total asset turnover is 125 and the profit margin
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