A not for profit, $501($c$)(3)$ organization has $$300,000$ in assets, an EBIT of $$50,000.$ The current interest rate is $10\%$ and the current tax rate is $20\%.$ Given it has financed its assets with $20\%$ equity what is its profit after taxes and interest, and its ROE?

Profit $$20,800$

ROE

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