Last year, PJ's Ice Cream Parlors, Inc. reported an ROE = 12.3%. The firm's debt ratio was
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Last year, PJ's Ice Cream Parlors, Inc. reported an ROE = 12.3%. The firm's debt ratio was 47%, sales were $38 million, and the capital intensity ratio was .88 times. What is the net income for PJ's last year? (Do not round intermediate steps.)
Related Book For
Fundamentals of Advanced Accounting
ISBN: 978-1259722639
7th edition
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
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