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A firm has total assets of $15 million and a debt/equity ratio of 0.65. Its sales are $4 million, and it has total fixed costs

A firm has total assets of $15 million and a debt/equity ratio of 0.65. Its sales are $4 million, and it has total fixed costs of $2 million. If the firm's EBIT is $270,000, its tax rate is 45 percent, and the interest rate on all of its debt is 5 percent, what is the firm's ROE? Please show work

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