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Question 2 10 Points Minden Co has sales of $500,000, operating profit of $50,000, interest expense of $10,000, tax expense of $20,000, total equity of
Question 2 10 Points Minden Co has sales of $500,000, operating profit of $50,000, interest expense of $10,000, tax expense of $20,000, total equity of $125,000 and total debt of $275,000. Their return on assets is: A 8.0%; B 10.0%; C) 12.5%; 16.0%
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