Accountancy, asked by Iasjeet884, 1 year ago

A firm has sales of $500, total assets of $300, and a debt/equity ratio of 2.00. if its return on equity is 15 percent, what is its net income

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Answered by anuritha
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hi 
     I have attached an answer below . pls check the below attachment .
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anuritha: if u understand the answer mark it as brainest answer
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