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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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