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The Purple Martin has annual sales of $4,900, total debt of $1,330. total equity of $2,200, and a profit margin of 6%. WHat is the
The Purple Martin has annual sales of $4,900, total debt of $1,330. total equity of $2,200, and a profit margin of 6%. WHat is the return on assets?
A) 6.00%
B) 22.11%
C) 8.33%
D) 13.36%
E) 10.86%
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Finance With Monte Carlo
Authors: Ronald W. Shonkwiler
2013th Edition
146148510X, 978-1461485100
