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    A business sells all its merchandise on credit. What is the firm's return on equity (ROE)?

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    33. A business sells all its merchandise on credit. It has a profit margin of 4%, days sales outstanding equal to 60 days, recivables of $150K, total assets of $3million, and debt ration of 0.64. What is the firm's return on equity (ROE).

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    33.3
    3.3
    71.0
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