LilE7784 LilE7784

07-01-2024
Business

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Samuelson's has a debt–equity ratio of 21 percent, sales of $5,500, net income of $900, and total debt of $4,700. What is the return on equity?
A. 3.2%
B. 4.8%
C. 6.5%
D. 7.1%

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