Canine Supply Has Sales of $2,200,total Assets of $1,400,and a Debt-Equity

Multiple Choice

Canine Supply has sales of $2,200,total assets of $1,400,and a debt-equity ratio of 0.5.Its return on equity is 15 percent.What is the net income?

A) $128.16
B) $131.41
C) $132.09
D) $136.67
E) $140.00