Multiple Choice
Steve's Music Supply has a return on equity of 19.3 percent, a profit margin of 10.1 percent, and total equity of $645,685. What is the net income?
A) $65,214.19
B) $123,383.71
C) $124,617.21
D) $65,214.19.
E) $125,863.40
Correct Answer:
Verified
Correct Answer:
Verified
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