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What is return on stockholders equity for network co

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Reference no: EM132811760

Network Communications has total assets of $1,760,000 and current assets of $642,000. It turns over its fixed assets four times a year. It has $318,000 of debt. Its return on sales is 6 percent.

Problem 1: What is its return on stockholders' equity? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)

Reference no: EM132811760

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