julsiahwhitener3312 julsiahwhitener3312

10-01-2024
Business

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Nakamura, Incorporated, has a total debt ratio of 0.58, total debt of $318,000, and net income of $39,000. What is the company’s return on equity?

a) 7.77%
b) 8.45%
c) 10.56%
d) 11.54%

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