Answered

Join IDNLearn.com and start exploring the answers to your most pressing questions. Our platform provides prompt, accurate answers from experts ready to assist you with any question you may have.

A firm has a return on equity of 17 percent The total asset turnover is 2.5 and the profit margin is 9 percent. The total equity is $5,800. What is the net income?
a) $1305
b) $2,465
c) $986
d) $522
e) $394

Sagot :

The answer is C. 986, hope this helps.
C)986 is the correct answer I believe
We are happy to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. Your questions deserve precise answers. Thank you for visiting IDNLearn.com, and see you again soon for more helpful information.