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Klamath Corporation has asset turnover of 3.5, a profit margin of 5.2%, and a current ratio of 0.5. What is Klamath Corporations return on equity?
Klamath Corporation has asset turnover of 3.5, a profit margin of 5.2%, and a current ratio of 0.5. What is Klamath Corporations return on equity?
Multiple Choice
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Insufficient information to find ROE
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18.2%
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8.7%
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9.1%
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