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A firm uses 30,000$ in debt and 50,000$ in equity to finance its assets, and has a return on assets equal to 10%. What is

A firm uses 30,000$ in debt and 50,000$ in equity to finance its assets, and has a return on assets equal to 10%. What is the return on equity? a. 8% b. 12% C. 18% d. 19.2% e. 21% f. 16% g. 15% h. 6% Clear my choice

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