Mike's Place has total assets of $152,080, a debt-equity ratio of 0.62, and a net income of $14,342 What is the return on equity? a) 13.48 percent b) 14.61 percent c) 15.28 percent d) 13.73 percent e) 15.74 percent

Mike's Place has total assets of S 1 52,080, a debt-equity ratio of .62, and net income of S14,342 What is the return on equity?

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