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Sharpe Razor Company has total assets of $2,500,000 and current assets of $1,000,000. It turns over its capital assets five times a year and has

Sharpe Razor Company has total assets of $2,500,000 and current assets of $1,000,000. It turns over its capital assets five times a year and has $700,000 of total debt. Its return on sales is 3 percent. What is Sharpes return on shareholders' equity? a. Calculate the capital assets b. Calculate the shareholders' equity c. What is the Net Income? d. Calculate the return on equity

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