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A firm generates 9 cents in bottom line profits per dollar of sales; it has $1.50 in debt per dollar of equity and generates $1.10

A firm generates 9 cents in bottom line profits per dollar of sales; it has $1.50 in debt per dollar of equity and generates $1.10 in sales per dollar of assets. What is the firms ROE? a. 19.19% b. 20.45% c. 16.37% d. 24.75% e. 14.85%

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