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Mercier United has net income of $ 1 2 8 , 4 7 0 . There are currently 3 2 . 6 7 days' sales

Mercier United has net income of $

128, 470 .

There are currently

32.67

days' sales in receivables. Total

assets are $

1, 419, 415,

total receivables are $

122, 306,

and the debt

-

equity ratio is

. 40 .

What is the return on

equity?

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