Ruby's Rocks Inc. has a 18 percent profit margin on sales of $185,750, total assets...

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Ruby's Rocks Inc. has a 18 percent profit margin on sales of $185,750, total assets of $132,117 and total debt of $62,437. Calculate the return on equity for the firm. A 48 % B 41 % C 36 % D 32 % E 27 %

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