Question return on equity lo 2 martinez inc has a total, Ask an Expert

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Return on Equity [LO 2] Martinez, Inc., has a total debt ratio of .65, total debt of $345,000, and net income of $31, 280. What is the company's return on equity?

(Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Return on equity %

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M93060027

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