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1. ABC Cars LLC has sales of $6,000,000, total assets of $15,000,000, and a profit margin of 0.2 . The firm has a debt-to-equity ratio

1. ABC Cars LLC has sales of $6,000,000, total assets of $15,000,000, and a profit margin of 0.2 . The firm has a debt-to-equity ratio of 0.5 . What is the return on equity (ROE)? A. 1.546 B. 1.203 C. 0.040 D. 0.120

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