Y3K, Inc., has sales of $6,189, total assets of $2,805, and a debtequity ratio of 1.40. If

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Y3K, Inc., has sales of $6,189, total assets of $2,805, and a debt–equity ratio of 1.40. If its return on equity is 13 percent, what is its net income?

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Fundamentals of corporate finance

ISBN: 978-0078034633

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Mar 13, 2014 07:56 AM

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Y3K, Inc., has sales of $6,189, total assets of $2,805, and a debtequity ratio of 1.40. If

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Fundamentals of corporate finance

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