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Rosario's Has Sales of $219,600,total Debt of $54,800,total Equity of $109,400,and

Question 58

Multiple Choice

Rosario's has sales of $219,600,total debt of $54,800,total equity of $109,400,and a profit margin of 7.2 percent.What is the return on assets?

A) 6.21%
B) 9.63%
C) 7.39%
D) 8.37%
E) 7.97%

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