If UARE, Inc. has sales of 11,300, total assets of 12000
Question # 00103801
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Updated on: 09/17/2015 03:00 AM Due on: 10/17/2015
If UARE, Inc. has sales of 11,300, total assets of 12000, a debt to equity ratio of 1.3 and a return on equity of 15 percent, what is UARE’s net income?
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Solution: If UARE, Inc. has sales of 11,300, total assets of 12000