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17. The Purple Martin has annual sales of $687,400, total debt of $210,000, total equity of $365,000, and a profit margin of 5.20 percent. What

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17. The Purple Martin has annual sales of $687,400, total debt of $210,000, total equity of $365,000, and a profit margin of 5.20 percent. What is the return on assets? a. 6.22 percent b. 6.48 percent c. 7.02 percent d. 7.78 percent e. 9.79 percent

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