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A firm has Return on Assets (ROA) of 11.2 percent, and debt-equity ratio of 45 percent. Calculate the firm's return on equity (ROE). 17.22% 16.24%

A firm has Return on Assets (ROA) of 11.2 percent, and debt-equity ratio of 45 percent. Calculate the firm's return on equity (ROE). 17.22% 16.24% 20.36% 18.12%

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