Samuelson's has a debt-to-equity ratio of 35 percent, sales of $14,500, net income of $2,200, and total

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Samuelson's has a debt-to-equity ratio of 35 percent, sales of $14,500, net income of $2,200, and total debt of $11,200. What is the return on equity?

15.17 percent

3.50 percent

19.64 percent

5.09 percent

6.88 percent

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Entrepreneurial Finance

ISBN: 978-0538478151

4th edition

Authors: J . chris leach, Ronald w. melicher

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Posted Date: Oct 16, 2023 12:52 AM

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Samuelson's has a debt-to-equity ratio of 35 percent, sales of $14,500, net income of $2,200, and total

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