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9. Nybo's LLC has sales of $6,000, total assets of $6,000, and a profit margin of 7%. The firm has a total debt ratio of
9. Nybo's LLC has sales of $6,000, total assets of $6,000, and a profit margin of 7%. The firm has a total debt ratio of 70%. What is the return on equity?
| A. | 5.0% |
| B. | 12.5% |
| C. | 23.3% |
| D. | 41.3% |
| E. 250% |
|
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World Finance Since 1914
Authors: Paul Einzig
1st Edition
0415539471, 978-0415539470
