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Littles Inc. provides a 10% return on equity. Sales are $100,000 on total assets of $140,000 and total equity of $85,000. What is the profit
Littles Inc. provides a 10% return on equity. Sales are $100,000 on total assets of $140,000 and total equity of $85,000. What is the profit margin?
Select one:
a. 6.07%
b. 8.50%
c. 10.00%
d. 11.77%
e. None of the above.
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