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A fire has destroyed a large percentage of the financial records of Carter Health System. You have the task of piecing together information to prepare
A fire has destroyed a large percentage of the financial records of Carter Health System. You have the task of piecing together information to prepare a financial report. You have found the profit margin to be 6.5 percent. If sales were $3,200,000 on total assets of $1,515,000, and the amount of debt financing was $550,000, what was Carter's return on equity (ROE)
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