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Reliable Cars has sales of $3,970, 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 $3,970, total assets of $3,050, and a profit margin of 5 percent. The firm has a total debt ratio of 41 percent. What is the return on equity?

12.20 percent15.87 percent8.47 percent6.51 percent11.03 percent

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