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1. A company has the following characteristics. What is the ROE? Sales Total assets Total debt/Total assets $1000 $1,000 Basic Earning Power (BEP) ratio Tax

1. A company has the following characteristics. What is the ROE? Sales Total assets Total debt/Total assets $1000 $1,000 Basic Earning Power (BEP) ratio Tax rate 20% 20% Interest rate on total debt 35% 5%

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