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A firm has a return on equity of 17 percent The total asset turnover is 2.5 and
A firm has a return on equity of 17 percent The total asset turnover is 2.5 and the profit margin is 9 percent. The total equity is $5,800. What is the net income?
a) $1305
b) $2,465
c) $986
d) $522
e) $394
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b) $2,465
c) $986
d) $522
e) $394
kernlife
5,0(28 marks)
The answer is C. 986, hope this helps.
pandadude123
4,6(61 marks)
C)986 is the correct answer I believe
orangnevertrust69
4,8(1 marks)
the "consumer protection laws" are made to protect business and consumers in a free-market economy.
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