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Freedom Health Centers Has Total Equity of $861,300,sales of $1

Question 65

Multiple Choice

Freedom Health Centers has total equity of $861,300,sales of $1.48 million,and a profit margin of 5.2 percent.What is the return on equity?

A) 5.82 percent
B) 6.49 percent
C) 7.18 percent
D) 8.68 percent
E) 8.94 percent

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