MARIAM, Inc. has sales of $8900, total assets of $2680, and a debt to equity ratio of

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MARIAM, Inc. has sales of $8900, total assets of $2680, and a debt to equity ratio of 0.75, if its return on equity is 0.16.

What is the net income?

What is the net profit margin?

Related Book For answer-question

Fundamental Managerial Accounting Concepts

ISBN: 978-0078110894

6th Edition

Authors: Edmonds, Tsay, olds

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Posted Date: May 04, 2023 12:36 AM

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MARIAM, Inc. has sales of $8900, total assets of $2680, and a debt to equity ratio of

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To find the net income we need to first calculate the equi... View the full answer

Fundamental Managerial Accounting Concepts

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