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The Sub Shop has sales of $210,000 and a profit margin of 6%. Assume the firm has debt of $83,000 and total assets of $180,000.
The Sub Shop has sales of $210,000 and a profit margin of 6%. Assume the firm has debt of $83,000 and total assets of $180,000. What is the Return on Equity?
2.16%
16.24%
12.99%
18.98%
7.00%
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