Ebm corporation utilized 2 million in total assets last

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EBM Corporation utilized $2 million in total assets last year to generate $5 million in sales. EBM's net profit margin was 4% and its debt ratio was 40%. What was EBM's return on equity?

i) 4.00%
ii) 1.70%
iii) 10.00%
iv) 16.67%

Reference no: EM13570180

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