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What is the return on equity

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Reliable Cars has sales of $3,770, total assets of $3,150, and a profit margin of 5 percent. The firm has a total debt ratio of 42 percent. What is the return on equity?

Reference no: EM131190842

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What is the return on equity : Reliable Cars has sales of $3,770, total assets of $3,150, and a profit margin of 5 percent. The firm has a total debt ratio of 42 percent. What is the return on equity?
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