The firm has a total debt ratio of 64 percent what is the
Reliable Cars has sales of $807,200, total assets of $1,105,100, and a profit margin of 9.68 percent. The firm has a total debt ratio of 64 percent. What is the return on equity?
16.04 percent
21.03 percent
19.64 percent
18.56 percent
13.09 percent
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