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6 5 0 - 2 7 0 - 1 0 - 5 0 ( 1 - . 2 1 ) = . 7 9 2

650-270-10-50(1-.21)=.79
252.8
250+1710-240-760=960
Company A has sales of $650, costs of $270(not including depreciation), depreciation expense of $10, interest expense of $50, and a tax rate of 21 percent, current assets of $250, net fixed assets of $1710, current liabilities of $240, and long-term debt of $760. What is the return on equity? (keep two decimal places)
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