Martinez, Inc., has a total debt ratio of .65, total debt of $345,000, and net income of $31,280 Required: What is the company's return on equity? (Do not round intermediate calculations Round your...

Martinez, Inc., has a total debt ratio of .65, total debt of $345,000, and net income of<br>$31,280<br>Required:<br>What is the company's return on equity? (Do not round intermediate calculations<br>Round your answer to 2 decimal places (e.g., 32.16).)<br>Return on equity<br>

Extracted text: Martinez, Inc., has a total debt ratio of .65, total debt of $345,000, and net income of $31,280 Required: 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

Jun 02, 2022

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Martinez, Inc., has a total debt ratio of .65, total debt of $345,000, and net income of $31,280 Required: What is the company's return on equity? (Do not round intermediate calculations Round your...

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