Question: Progress Corp has return on assets of 12%, when the firm has total assets of $3,500,000. The company's debt ratio (D/A) is 30%. Progress Corp's

Progress Corp has return on assets of 12%, when the firm

Progress Corp has return on assets of 12%, when the firm has total assets of $3,500,000. The company's debt ratio (D/A) is 30%. Progress Corp's net income is $ . 1) 390,000 2) 360,000 3) 330,000 O4) 420,000 5) 300,000

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