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Network Communications has total assets of $2,210,000 and current assets of $647,000. It turns over its fixed assets three times a year. It has $363,000
Network Communications has total assets of $2,210,000 and current assets of $647,000. It turns over its fixed assets three times a year. It has $363,000 of debt. Its return on sales is 4 percent. What is its return on stockholders' equity? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Return on stockholders' equity
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