Sandwiches-To-Go Has a Return on Equity of 12 % and a Debt-Equity

question 96

Multiple Choice

Sandwiches-To-Go has a return on equity of 12 % and a debt-equity ratio of.40. The total asset turnover is 1.63 and the profit margin is 5 %. The total equity is $21,400. What is the amount of the net income?

• A) $2,568
• B) $3,819
• C) $4,186
• D) $6,283
• E) $6,420

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Cold

A low temperature, especially in the atmosphere; the sensation resulting from the absence of heat.

Weather

The state of the atmosphere at a place and time as regards heat, dryness, sunshine, wind, rain, etc.

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In logic, a word or phrase that connects clauses or sentences, such as "and," "or," "if," and "then."

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The act of stating something confidently and forcefully as a fact.