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Rosita's Restaurant Has Sales of $5,000,total Debt of $1,300,total Equity

Question 76

Multiple Choice

Rosita's Restaurant has sales of $5,000,total debt of $1,300,total equity of $2,400,and a profit margin of 6%. What is the return on assets?

A) 8.11%
B) 12.50%
C) 23.08%
D) 27.13%
E) 135.13%

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