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A firm has a debt-to-total asset ratio of 75 %, $228,000 in debt, and net income of $43,320. Calculate return on equity. (Do not round
A firm has a debt-to-total asset ratio of 75 %, $228,000 in debt, and net income of $43,320. Calculate return on equity. (Do not round intermediate calculations.) Multiple Choice 73% 77% 57% There is not enough information to calculate return on equity
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