Sharpe Razor Company has total assets of $1,690,000 and current assets of $685,000. It turns...
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Sharpe Razor Company has total assets of $1,690,000 and current assets of $685,000. It turns over its capital assets two times a year and has $347,000 of total debt. Its return on sales is 7 percent. What is Sharpe's return on shareholders' equity? (Round the final answer to 2 decimal places.) ROE %
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