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What is the return on shareholders equity

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Reference no: EM133098728

Question - Pony Express Company has $750,000 in assets and $300,000 of debt The income for the year is $55,000.

a. Calculate the ROA.

b. What is the return on shareholders' equity?

c. If the asset turnover ratio is 2.2 times, what is the profit margin?

Reference no: EM133098728

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