Martinez, Inc., has a total debt ratio of .65, total debt of $345,000, and net income of

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Martinez, Inc., has a total debt ratio of .65, total debt of $345,000, and net income of $31,280. What is the company's return on equity?

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Essentials of Corporate Finance

ISBN: 978-0078034756

8th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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