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Martinez, Inc., has a total debt ratio of .48, total debt of $331,000, and net income of $42,250. Required: What is the companys return on
Martinez, Inc., has a total debt ratio of .48, total debt of $331,000, and net income of $42,250. |
Required: |
What is the companys return on equity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).) |
Return on equity | % |
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