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What is the company return on equity ratio

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Question - The Zintrozak Company reported net income of $50,000 on sales of $300,000. The company has total assets of $500,000 and total liabilities of $100,000. What is the company's return on equity ratio?

A. 50.0%

B. 10.0%

C. 12.5%

D. 16.7%

Reference no: EM131797550

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