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Network Communications has total assets of $1,500,000 and current assets of $612,000. It turns over its fixed assets 3 times a year. It has
Network Communications has total assets of $1,500,000 and current assets of $612,000. It turns over its fixed assets 3 times a year. It has $319,000 of debt. Its return on sales is 8 percent. What is its return on stockholders' equity? Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places. Return on stockholders' equity %
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