Reliable Cars has sales of $4,070, total assets of $3,150, and a profit margin of 5 percent. The firm has a total debt ratio of 42 percent. What is the return on equity?
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- Toby’s has a profit margin of 8.6 percent, a return on assets of 14.5 percent, and a debt to equity ratio of 1.4. What is the return on equity?What is the return on equity?Question: Lee Sun's has sales of $3,500, total assets of $3,200, and a profit margin of 5 percent. The firm has a total debt ratio of 41 percent. What is the return on equity?