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A 501 (c) (3) not for profit organization has $300,000 in assets financed by 80% debt. The earnings before interest and taxes is $50,000. The
A 501 (c) (3) not for profit organization has $300,000 in assets financed by 80% debt. The earnings before interest and taxes is $50,000. The tax rate is 20% and the interest rate is 10%. Find the ROE...
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