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A Corporation is 100% equity financed. Calculate the return on equity (ROE), given the following information: (Hint: TE=TA. Find NI, TA, and proceed) Earnings before

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A Corporation is 100% equity financed. Calculate the return on equity (ROE), given the following information: (Hint: TE=TA. Find NI, TA, and proceed) Earnings before taxes $2,000 Sales $6,000 Dividend payout ratio 60% Total assets turnover 2.0 Tax rate 25% 50% 42% 75% 40%

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