Business, 27.07.2021 01:00 jazminemartinez3223

Selzer Inc. sells all of its merchandise on credit. It has a profit margin of 4 percent, days sales outstanding equal to 60 days, receivables of $150,000, total assets of $3 million, and a debt ratio of 0.64. The firm's return on equity (ROE) is: Group of answer choices 7.1% 3.3% 8.1% 33.3%

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Selzer Inc. sells all of its merchandise on credit. It has a profit margin of 4 percent, days sales...

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