Lee Sun's has sales of $4,250, total assets of $3,950, and a profit margin of 6 percent.

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Lee Sun's has sales of $4,250, total assets of $3,950, and a profit margin of 6 percent. The firm has a total debt ratio of 42 percent. What is the return on equity?

a. 6.46 percent

b. 11.13 percent

c. 6.00 percent

d. 6.07 percent

Posted Date: May 18, 2024 10:18 AM

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Lee Sun's has sales of $4,250, total assets of $3,950, and a profit margin of 6 percent.

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