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Sharpe Razor Company has total assets of $1,600,000 and current assets of $684,000. It turns over its capital assets four times a year and has
- Sharpe Razor Company has total assets of $1,600,000 and current assets of $684,000. It turns over its capital assets four times a year and has $366,000 of total debt. Its return on sales is 8 percent.
What is Sharpes return on shareholders' equity? (Round the final answer to 2 decimal places.)
ROE %
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Sports Finance And Management Real Estate Entertainment And The Remaking Of The Business
Authors: Jason A. Winfree, Mark S. Rosentraub, Brian M Mills
1st Edition
1439844712, 9781439844717
