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Reliable Cars has sales of $3,710, total assets of $3,350, and a profit margin of 5 percent. The firm has a total debt ratio of

Reliable Cars has sales of $3,710, total assets of $3,350, and a profit margin of 5 percent. The firm has a total debt ratio of 41 percent. What is the return on equity?

13.51 percent8.47 percent9.39 percent12.20 percent5.54 percent

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