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Solve the following questions : 1- Etisalat has total assets of $2,000,000 and 40 percent of total assets are current assets. It turns over its
Solve the following questions :
1- Etisalat has total assets of $2,000,000 and 40 percent of total assets are current assets. It turns over its total assets five times a year. It has $ 500,000 of debt. Its return on sales is 10 percent. What is its return on stockholders equity?
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