DriqueBez6389 DriqueBez6389

27-05-2023
Business

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PQR reported sales of five million dollars and is showing a return on equity of ten percent with a total assets turnover ratio of 2.5. If POR's capital structure consist of 60 percent equity and 40% debt, determine PQR's net income. Select one: a. $124,000 b. $95,400 c. $111,234 d. $88,500 e. $120,000

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