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Network Communications has a total assets of $1,500,000 and current assests of $612,000. It turns over its fixed assests three times a year. It has
Network Communications has a total assets of $1,500,000 and current assests of $612,000. It turns over its fixed assests three times a year. It has $319,000 of debt. Its return on sales is 8 percent. What is its return on stockholders equity?
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