Y3K, Inc., has sales of $5,987, total assets of $2,532, and a debt-equity ratio of .57....

  

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Y3K, Inc., has sales of $5,987, total assets of $2,532, and a debt-equity ratio of .57. If its return on equity is 11 percent, what is its net income? Input area: Sales $5,987 Total assets $2,532 Debt-equity ratio 0.57 Return on equity 11% (Use cells A6 to B9 from the given information to complete this question.) Output area: Profit margin Net income + Y3K, Inc., has sales of $5,987, total assets of $2,532, and a debt-equity ratio of .57. If its return on equity is 11 percent, what is its net income? Input area: Sales $5,987 Total assets $2,532 Debt-equity ratio 0.57 Return on equity 11% (Use cells A6 to B9 from the given information to complete this question.) Output area: Profit margin Net income +