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A firm has a return on assets of 12.6 percent and a debt-equity ratio of 0.60. What is the return on equity? Select one O

A firm has a return on assets of 12.6 percent and a debt-equity ratio of 0.60. What is the return on equity? Select one O a. 17.11 percent O b. 20.16 percent O c. 22.20 percent O d. 18.98 percent

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