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A firm has a return on equity of 21 percent. The total asset turnover is 2.0 and the profit… 1 answer below » A firm has a return on equity of 21 percent. The total asset turnover is 2.0 and the profit margin is 9 percent. The total equity is $7,400. What is the amount of the net income? Sep 30 2015 12:33 AM
