Multiple Choice
World Exports has total assets of $938,280, a total asset turnover rate of 1.18, a debt-equity ratio of .47, and a return on equity of 18.7 percent.What is the firm's net income?
A) $119,359.43
B) $88,303.33
C) $104,624.14
D) $121,548.09
E) $92,236.67
Correct Answer:
Verified
Correct Answer:
Verified
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