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Posted: **Fri Jul 01, 2022 7:41 am**

: Bartley Foods Corporation Has 5 Million In Sales Its Roe Is 14 And Its Total Assets Turnover Is 3 5x The Company Is 1 (43.93 KiB) Viewed 20 times

Bartley Foods Corporation has $5 million in sales. Its ROE is 14% and its total assets turnover is 3.5x. The company is 50% equity financed. What is its net income? A) $700,000. B) $400,000 C) $100,000. D) $65,000.