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Als Markets earns $.12 in profit for every $1 of equity and borrows $.65 for every $1 of equity. What is the firm's return on

Als Markets earns $.12 in profit for every $1 of equity and borrows $.65 for every $1 of equity. What is the firm's return on assets?

12.00 percent

7.27 percent

8.33 percent

15.15 percent

13.75 percent

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