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C. $7,140 D. $7.160 E. $7,174 15. Puffy's Pastries generates five cents of net income for every $1 in sales. Thus, Pufly's has a Of
C. $7,140 D. $7.160 E. $7,174 15. Puffy's Pastries generates five cents of net income for every $1 in sales. Thus, Pufly's has a Of 5%. A. return on assets B. return on equity C. profit margin D. Du Pont measure E. total asset turnover 16, Lee Sun's has sales of $3,000, total assets of $3,000, and a profit margin of 5%. The firm has a total debt ratio of 60%. What is the return on equity? A. 5% B. 12.5% C. 23.2% D. 41.3% E. 250%
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