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What beavers net profit for the year was closest to

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Reference no: EM132524312

Beaver Company's records have recently been destroyed by fire. The following information was able to be saved from the fire.

Return on Equity9.00%

Debt to Assets40.00%

Profit Margin6.00%

Total Assets $ 400,000.00

Question 1: Beaver's Net Profit for the year was closest to;

Select one:

a. $24,000

b. $21,600

c. $36,000

d. $269,000

e. $77

Reference no: EM132524312

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