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Total asset turnover and roe

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Reference no: EM131091068

The Ray Co. has net income of $55,200. There are currently 27 days' sales in receivables. Total assets are $860,000 and the receivables are $157,310 and the debt-equity ratio is 0.34. What are the firm's profit margin, total asset turnover and ROE?

Reference no: EM131091068

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