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Molson Brewing Company has total assets of $1,870,000 and current assets of $667,000. It turns over its capital assets one times a year and has
Molson Brewing Company has total assets of $1,870,000 and current assets of $667,000. It turns over its capital assets one times a year and has $335,000 of total debt. Its return on sales is 5 percent. What is Molson's return on shareholders' equity? (Round the final answer to 2 decimal places.) ROE %
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