[Solved] Jones Inc. has sales of $800,000, total a

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Jones Inc. has sales of $800,000, total assets of $2,000,000, and a profit margin of 5 percent. The firm has a total debt ratio of

Jones Inc. has sales of $800,000, total assets of $2,000,000, and a profit margin of 5 percent. The firm has a total debt ratio of 25 percent. What is the return on equity? 2.7% 2.0% 5.0% 3.6%

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