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Lee Sun's has sales of $3,880, total assets of $3,250, and a profit margin of 5 percent. The firm has a total debt ratio of
Lee Sun's has sales of $3,880, total assets of $3,250, and a profit margin of 5 percent. The firm has a total debt ratio of 40 percent. What is the return on equity?
9.95 percent 14.92 percent 5.97 percent 8.33 percent 12.50 percent
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