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The Newman Company has determined that its return on equity is 2 0 . 5 % . Management is interested in the various components that

The Newman Company has determined that its return on equity is

20.5 % .

Management is interested in the

various components that went into this calculation. You have the following details:

Sales: $

12, 500, 000

ROA:

9 %

Profit margin:

5.75 % .

What percentage of The Newman Company's assets are financed by equity?

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