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Ike's Cafe Inc. has sales of $847,500, total assets of $949,200, a profit margin of 7.3 percent, and a total debt ratio of 0.63. What
Ike's Cafe Inc. has sales of $847,500, total assets of $949,200, a profit margin of 7.3 percent, and a total debt ratio of 0.63. What is the return on equity?
Group of answer choices
17.6%
21.6%
13.6%
10.6%
Cincy Markets Inc. has a profit margin of 5.7 percent, a return on assets of 12.1 percent, and a debt-equity ratio of 0.56. What is the return on equity?
Group of answer choices
18.9 percent
13.8 percent
16.4 percent
12.1 percent
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