Question: Problem 3 - 1 8 Using the DuPont Identity [ LO 3 ] Y 3 K , Incorporated, has sales of $ 6 , 3

Problem 3-18 Using the DuPont Identity [LO3]
Y3K, Incorporated, has sales of $6,319, total assets of $2,935, and a debt-equity ratio of 1.30. If its return on equity is 14 percent, what is its net income?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
Net income
Problem 3-18 Using the DuPont Identity [LO3] Y3K, Incorporated, has sales

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