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Nu te une alternative that best completes the statement or answers question. 1) Mike Co. has net income of $48,200, sales of $947.100, a capital

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Nu te une alternative that best completes the statement or answers question. 1) Mike Co. has net income of $48,200, sales of $947.100, a capital intensity ratio [/TAT or TA/Sales) of 87, and an equity multiplier ITA / TE] of 1.53. What is the return on equity? (Hint: PM - NI / Sales) A) 6.77 percent B) 12.21 percent C) 5.93 percent D) 8.95 percent E) 14.09 percent 2) Astma

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