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Q47: Prime Electronic Sales has sales of $723,450, total equity of $490,000, a profit margin of 9.3 percent, and a debt-equity ratio of .42. What
Q47: Prime Electronic Sales has sales of $723,450, total equity of $490,000, a profit margin of 9.3 percent, and a debt-equity ratio of .42. What is the return on assets? A. 5.05 percent B. 10.07 percent C. 9.03 percent D. 9.67 percent E. 23.02 percent
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