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A company has a 12% ROA. Assume that a company's total assets equal total invested capital, and that the company has no debt, so its
A company has a 12% ROA. Assume that a company's total assets equal total invested capital, and that the company has no debt, so its total invested capital equals total equity. What is the company's ROE?
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Analysis for Financial Management
Authors: Robert Higgins
11th edition
77861787, 978-0077861780
