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Samuelson's has a debt-equity ratio of 23 percent, sales of $6,500, net income of $1,500, and total debt of $7,700. What is the return on

Samuelson's has a debt-equity ratio of 23 percent, sales of $6,500, net income of $1,500, and total debt of $7,700. What is the return on equity? show work.

2.30 percent
23.08 percent
4.48 percent
19.48 percent
3.64 percent

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