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Samuelson's has a debt-equity ratio of 20 percent, sales of $5,000, net income of $600, and total debt of $3,200. What is the return on
Samuelson's has a debt-equity ratio of 20 percent, sales of $5,000, net income of $600, and total debt of $3,200. What is the return on equity? |
3.75 percent
2.00 percent
3.13 percent
18.75 percent
12.00 percent
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