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MH's has annual sales of $800,000, total debt of $160,000, total equity of $300,000, and a profit margin of 6.0 percent. What is the return
MH's has annual sales of $800,000, total debt of $160,000, total equity of $300,000, and a profit margin of 6.0 percent. What is the return on assets?
A. | 9.94 percent | |
B. | 6.48 percent | |
C. | 10.43 percent | |
D. | 11.59 percent | |
E. | 7.78 percent |
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