Multiple Choice
Sunshine Rentals has a debt-equity ratio of 0.84.Return on assets is 7.9 percent,and total equity is $438,000.What is the net income?
A) $41,147.09
B) $54,311.29
C) $63,667.68
D) $48,887.02
E) $50,458.95
Correct Answer:
Verified
Correct Answer:
Verified
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