Question: Question 17 (2 points) Baker Industries has a profit margin of 3%, a total asset turnover of 2, total assets of $60 million, revenue of

Question 17 (2 points) Baker Industries has a profit margin of 3%, a total asset turnover of 2, total assets of $60 million, revenue of $150 million, and equity of $20 million. Compute Baker's return on equity. 45.0% 9.0% 15.0% 18.0%

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