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1)Lee Suns has sales of $3600, total assets of $3,300, and a profit margin of 6 percent. The firm has a total debt ratio of
1)Lee Suns has sales of $3600, total assets of $3,300, and a profit margin of 6 percent. The firm has a total debt ratio of 42 percent. What is the return on equity?
2) Jupiter Explorers has $7800 in sales. The profit margin is 4 percent. There are 6100 shares of stock outstanding, with a price of $1.80 per share. What is the companies price-earnings ratio?
3) Samuelsons has a debt-equity ratio of 32 percent, sales of $13,000, net income of $1300, and total debt of $6700. What is the return on equity?
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