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Samuelson's has a debt-equity ratio of 35 percent, sales of $14,500, net income of $2,200, and total debt of $11,200. What is the return on
Samuelson's has a debt-equity ratio of 35 percent, sales of $14,500, net income of $2,200, and total debt of $11,200. What is the return on equity?
15.17 percent | |
3.50 percent | |
19.64 percent | |
5.09 percent | |
6.88 percent |
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