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# Use the DuPont Identity. Y3K, Inc., has sales of $2,700, total assets of $1,310, and a debt-equity ratio of 1.20. If its return on equity is 15 percent, what is its net income?

Use the DuPont Identity. Y3K, Inc., has sales of $2,700, total assets of $1,310, and a debt-equity ratio of 1.20. If its return on equity is 15 percent, what is its net income?

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## Financial Management Principles and Applications

12th edition

Authors: Sheridan Titman, Arthur Keown, John Martin

ISBN: 978-0133423822