Answered

Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Get immediate and reliable solutions to your questions from a community of experienced experts on our Q&A platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

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

Sagot :

The answer is C. 986, hope this helps.
C)986 is the correct answer I believe
Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.