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1. A firm has sales of Tk. 750, total assets of Tk. 400, and a debt-equity ratio of 1.50. If the return on equity is 10%, what is the firm's net income?

  • A. Tk 16
  • B. Tk 16
  • C. Tk 16
  • D. Tk 16

Answer: Option A

Explanation:

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