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25. Reliable Cars has sales of $807,200, total assets of $1,105,100, and a profit margin of 9.68 percent. The firm has a total debt ratio
25. Reliable Cars has sales of $807,200, total assets of $1,105,100, and a profit margin of 9.68 percent. The firm has a total debt ratio of 64 percent. What is the return on equity?
- 16.04 percent
- 13.09 percent
- 18.56 percent
- 19.64 percent
- 21.03 percent
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A Pathway To Introductory Statistics
Authors: Jay Lehmann
1st Edition
0134107179, 978-0134107172
