Network Communications has total assets of $1,870,000 and current assets of $667,000. Rotate your fixed assets once
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Network Communications has total assets of $1,870,000 and current assets of $667,000. Rotate your fixed assets once a year. He has $335,000 in debt. Your return on sales is 5 percent. What is your return on equity? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places.)
Related Book For
Foundations of Financial Management
ISBN: 978-1259194078
15th edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
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