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    Corporate Finance Study Set 3
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    Exam 3: Financial Statements Analysis and Financial Models
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    Rosario's Has Sales of $114,500,total Debt of $46,300,total Equity of $68,400,and
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Rosario's Has Sales of $114,500,total Debt of $46,300,total Equity of $68,400,and

Question 56

Question 56

Multiple Choice

Rosario's has sales of $114,500,total debt of $46,300,total equity of $68,400,and a profit margin of 5 percent.What is the return on assets?


A) 5.21%
B) 4.99%
C) 7.39%
D) 8.37%
E) 19.97%

Correct Answer:

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