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Sharpe Razor Company has total assets of $1,900,000 and current assets of $693,000. It turns over its capital assets five times a year and has

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Sharpe Razor Company has total assets of $1,900,000 and current assets of $693,000. It turns over its capital assets five times a year and has $365,000 of total debt. Its return on sales is 5 percent What is Sharpe's return on shareholders' equity? (Round the final answer to 2 decimal places.) ROE

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