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Taylor's Men's Wear has a debt-equity ratio of 80 percent, sales of $902,000, net income of $39,810, and total debt of $185,900. What is the
Taylor's Men's Wear has a debt-equity ratio of 80 percent, sales of $902,000, net income of $39,810, and total debt of $185,900. What is the return on equity?
17.13 percent
14.40 percent
21.29 percent
7.32 percent
9.74 percent
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