Seizerinc, sellsall its merchandise on credit. Ithasa profit margin of 4 percent, days sales outstanding equal to

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Seizerinc, sellsall its merchandise on credit. Ithasa profit margin of 4 percent, days sales outstanding equal to 60 days, receivable of $150,000, total assets of $3million and a debt ratioof.64. What is the firm's return on equity (ROE)? (A. 7.1%, B. 33.3%, C. 3.3%, D. 71.0%, E. 8.1%)

Posted Date: May 20, 2024 03:06 AM

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Seizerinc, sellsall its merchandise on credit. Ithasa profit margin of 4 percent, days sales outstanding equal to

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