Multiple Choice
Last year, DJ's Soda Fountains, Inc. reported an ROE = 27 percent. The firm's debt ratio was 50 percent, sales were $9 million, and the capital intensity ratio was 1.5 times. What is the net income for DJ's last year?
A) $1.22m
B) $1.82m
C) $2.43m
D) $2.84m
Correct Answer:
Verified
Correct Answer:
Verified
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