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Question
Price Printing Co. had sales of $10 million, operating income of $3 million, after-tax income of $1 million, assets of $8 million, stockholders' equity of $5 million, and a total debt of $3 million. What is Price Printing Company's return on equity?A.37.5%
B.10.0%
C.20.0%
D.60.0%
E.12.5%
Answer
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