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Mike's Place has total assets of $152,080, a debt-equity ratio of .62, and net income of $14,342 What is the return on equity? 13.48 percent
Mike's Place has total assets of $152,080, a debt-equity ratio of .62, and net income of $14,342 What is the return on equity?
13.48 percent
14.61 percent
15.74 percent
13.73 percent
15.28 percent
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