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A firm has ROA (Return on Assets) of 15.4% and has the debt ratio of 38%. What's the firm's ROE (Return on Equity)? 21.25% 23.22%

A firm has ROA (Return on Assets) of 15.4% and has the debt ratio of 38%. What's the firm's ROE (Return on Equity)? 21.25% 23.22% 15.4% 24.83%

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