DuPont Analysis Last year, PJ’s Ice Cream Parlors, Inc. reported an ROE = 12. The firm’s debt ratio was 44%, sales were $41 million, and the capital…

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DuPont Analysis

Last year, PJ’s Ice Cream Parlors, Inc. reported an ROE = 12.6%. The firm’s debt ratio was 44%, sales were $41 million, and the capital intensity ratio was .91 times. What is the net income for PJ’s last year? (Do not round intermediate steps.)

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