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If a company's profit is $85,000, its total assets $1.2 million, its average common shareholders' equity $1.25 million, and its net sales $700,000, its return
If a company's profit is $85,000, its total assets $1.2 million, its average common shareholders' equity $1.25 million, and its net sales $700,000, its return on equity is: O a. 12.1%. O b. 6.8%, O c. 7.08%. d. 6.7%
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