twilov805 twilov805

01-09-2021
Business

contestada

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

Respuesta :

jerry0920 jerry0920

01-09-2021

The answer is C. 986, hope this helps.

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arelisv2008 arelisv2008

01-09-2021

C)986 is the correct answer I believe

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