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47 Industrial Corporation has a net income-to-sales (profit margin) ratio of 0.04, a sales-to-assets (asset utilization) ratio of 11, and a debt-to-asset ratio of 0.75.

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47 Industrial Corporation has a net income-to-sales (profit margin) ratio of 0.04, a sales-to-assets (asset utilization) ratio of 11, and a debt-to-asset ratio of 0.75. What is Industrial's return on equity? (Round your answer to 2 decimal places. (e.g., 32.16)) Return on equity % 10 points 8 02:18:47 eBook

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