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Q5 Teen's Fashion has a debt-equity ratio of 42 percent, sales of $739,000, net income of $41,250, and total debt of $202,150. What is the

Q5 Teen's Fashion has a debt-equity ratio of 42 percent, sales of $739,000, net income
of $41,250, and total debt of $202,150. What is the return on equity?
(Hint: Please review DuPont equation on the components of ROE)
Debt to Equity
Total Debt 42.00%
Total Equity
Sales
net income
Total Debt
Return on Equity

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