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Reliable Cars has sales of $3,700, total assets of $3,050, and a profit margin of 5 percent. The firm has a total debt ratio of
Reliable Cars has sales of $3,700, total assets of $3,050, and a profit margin of 5 percent. The firm has a total debt ratio of 40 percent. What is the return on equity?
15.16 percent8.33 percent12.50 percent6.07 percent10.11 percent
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