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29-02-2024
Business

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Proshares Ultrapro QQQ has a total asset turnover of 1.29, a debt-equity ratio of 0.65, and a profit margin of 5.7%. If the total equity is $492,000, what is the amount of the net income?
a) $77,688
b) $69,528
c) $64,920
d) $57,474

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