Find the companys return on equity

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Reference no: EM132072553

Question :

Return on Equity [LO 2] Martinez, Inc., has a total debt ratio of .65, total debt of $345,000, and net income of $31, 280. What is the company's return on equity?

(Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Return on equity %

Reference no: EM132072553

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