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A firm's total debt ratio is 0 . 7 . If the firm's shareholder'sequity and net income are$ 3 0 0 , 0 0 0

A firm's total debt ratio is

0.7 .

If the firm's shareholder'sequity and net income are$

300, 000

and $

65, 600,

respectively, what is the firm's return on assets?

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