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Reliable Cars has sales of $4,100, total assets of $3,150, and a profit margin of 5 percent. The firm has a total debt ratio of
Reliable Cars has sales of $4,100, total assets of $3,150, and a profit margin of 5 percent. The firm has a total debt ratio of 41 percent. What is the return on equity?
6.51 percent 8.47 percent 15.87 percent 11.03 percent 12.20 percent
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