The firms return on equity roe
Selzer Inc. sells all of its merchandise on credit. It has a profit margin of 4 percent, days sales outstanding equal to 60 days, receivables of $150,000, total assets of $3 million, and a debt ratio of 0.64. The firm's return on equity (ROE) is:
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selzer inc sells all of its merchandise on credit it has a profit margin of 4 percent days sales outstanding equal to
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