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Lee Sun's has sales of $4,150, total assets of $3,850, and a profit margin of 4 percent. The firm has a total debt ratio of
Lee Sun's has sales of $4,150, total assets of $3,850, and a profit margin of 4 percent. The firm has a total debt ratio of 40 percent. What is the return on equity?
4.15 percent | |
4.00 percent | |
7.19 percent | |
4.31 percent | |
13.92 percent |
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