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Business, 11.02.2020 17:23 angie1129

Frank's Used Cars has sales of $807,200, total assets of $768,100, and a profit margin of 6.68 percent. The firm has a total debt ratio of 54 percent. What is the return on equity? Select one: a. 13.09 percent b. 12.04 percent c. 11.03 percent d. 8.56 percent e. 15.26 percent

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Frank's Used Cars has sales of $807,200, total assets of $768,100, and a profit margin of 6.68 perce...
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