Professor protons lab supply corp has a debt-equity ratio


Professor Proton's Lab Supply Corp. has a debt-equity ratio of 57 percent, a total asset turnover of 1.12, and a profit margin of 4.9 percent. The total equity is $511,640. What is the amount of the net income? Round to the nearest dollar.

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Financial Management: Professor protons lab supply corp has a debt-equity ratio
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