What is the return on equity

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Reliable Cars has sales of $3,970, total assets of $3,050, and a profit margin of 5 percent. The firm has a total debt ratio of 41 percent. What is the return on equity?

  • 12.20 percent
  • 15.87 percent
  • 8.47 percent
  • 6.51 percent
  • 11.03 percent

Reference no: EM131101175

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