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Millers metalworks inc has a total asset turnover of 25 and

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Millers Metalworks, Inc. has a total asset turnover of 2.5 anda net profit margin of 3.5%. The total debt ratio for the firm is 50%. Calculate Millers return on equity.

a) 17.5%

b) 19.5%

c) 21.5%

d) 23.5%

Reference no: EM13571389

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