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12. Friday has sales of $150,000, total debt of $50,000, total equity of $75,000, and a profit margin of 6%. What is the return on

image text in transcribed 12. Friday has sales of $150,000, total debt of $50,000, total equity of $75,000, and a profit margin of 6%. What is the return on assets? a. 6% b. 7.2% c. 12% d. 18% e. Other

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