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What is the return on equity

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Reliable Cars has sales of $3,710, total assets of $3,350, and a profit margin of 5 percent. The firm has a total debt ratio of 41 percent. What is the return on equity?

  • 13.51 percent
  • 8.47 percent
  • 9.39 percent
  • 12.20 percent
  • 5.54 percent

Reference no: EM131201626

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