Multiple Choice
Canine Supply has sales of $2,200, total assets of $1,400, and a debt-equity ratio of 0.3. Its return on equity is 15 percent. What is the net income?
A) $138.16
B) $141.41
C) $152.09
D) $156.67
E) $161.54
Correct Answer:
Verified
Correct Answer:
Verified
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