Multiple Choice
Sun Shade's has sales of $363,000,total assets of $323,500,and a profit margin of 14.6 percent.The firm has a total debt ratio of 54 percent.What is the return on equity?
A) 28.45 percent
B) 35.61 percent
C) 23.29 percent
D) 31.74 percent
E) 7.88 percent
Correct Answer:
Verified
Correct Answer:
Verified
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