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11. Istanbul Stores has $4,470,000 in yearly sales. The firm earns 6.5 percent on each dollar of sales and turns over its assets 2.5 times
11. Istanbul Stores has $4,470,000 in yearly sales. The firm earns 6.5 percent on each dollar of sales and turns over its assets 2.5 times per year. It has $146,000 in current liabilities and $399,000 in long-term liabilities. What is its return on stockholders' equity? (1 Point) 0.334 0.256 0.234 0 0.214 None of the above
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