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Question 20 2.5 pts Delta Lighting has sales of $34 million, fixed assets of $18 million, total assets of $24 million, and total debt of
Question 20 2.5 pts Delta Lighting has sales of $34 million, fixed assets of $18 million, total assets of $24 million, and total debt of $11 million. The profit margin is 12 percent and a Tax rate of 40%. What is the return on equity? O 13.16 percent 18.83 percent 0 27.57 percent 0 31.38 percent 0 44.21 percent
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