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What was carter return on equity

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Problem 1: A fire has destroyed a large percentage of the financial records of the Carter Health System. You have the task of piecing together information to A financial report. You have found the profit margin to be 10 percent. If sales were $4 million on total assets of $2.5 million, and the amount of debt financing was $750,000, what was Carter's return on equity (ROE)? Round your answer to two decimal points.

Reference no: EM132834306

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