Question: Please provide the solution to this general accounting question with accurate financial calculations. A firm has: - Sales = $800 - Total assets = $500

Please provide the solution to this general accounting question with accurate financial calculations.

Please provide the solution to this general
A firm has: - Sales = $800 - Total assets = $500 - Debt ratio = 0.30 - Return on equity (ROE) = 18% Find the firm's net income. a) $15 b) $36 c) $45 d) $63 e) None of the above

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