Question: D Question 24 1 pts ABC company has a return on equity of 31 percent. The total asset turnover is 27 and profit margin

D Question 24 1 pts ABC company has a return on equity

D Question 24 1 pts ABC company has a return on equity of 31 percent. The total asset turnover is 27 and profit margin is 8%. The total equity is $8,000. What is the net income? $1,237 $4,197 $2,480 $3,280 $890

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