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> Question 6 7 pts A firm has sales of $20,000, net income of $2,000, a debt-equity ratio of 70%, and total debt of $15,600.

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> Question 6 7 pts A firm has sales of $20,000, net income of $2,000, a debt-equity ratio of 70%, and total debt of $15,600. What is the return on equity? 8.22% 7.89% 8.97% 9.61% 11.14% Question 7 7 pts A company has sales of $513,600, costs of goods sold of $279,700, inventory of $63,800, and accounts receivable of $48,200. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit? 92.46 days 67.01days 0 77.19 days 87.69 days 83.26 days

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