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A company has a net profit margin of 60%, return on total assets of 8% and a debt ratio of 50%. The company's net income

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A company has a net profit margin of 60%, return on total assets of 8% and a debt ratio of 50%. The company's net income of the year is $75,000. What is the company's return on equity? 4% 8% 16% None of the above What is the company's total assets turnover? 0.5 31 0 7.5 Act None of the above

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