How to calculate Net Income?

Brandon B

New member
Canine Supply has sales of $2,200, total assets of $1,400, and a debt-equity ratio of 0.3. Its return on equity is 15 percent. What is the net income?
a. $141.41
b. $156.67
c. $152.09
d. $161.54
e. $138.16

Any help is appreciated
 
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