If profit margin is 5.7%, its total debt balance is $480,000, and its total equity balance is

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If profit margin is 5.7%, its total debt balance is $480,000, and its total equity balance is $640,000. Its asset turnover ratio is 0.65. What is the return on equity for the company?

Posted Date: May 18, 2024 03:11 AM

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If profit margin is 5.7%, its total debt balance is $480,000, and its total equity balance is

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