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Abacus Ltd. has a return on equity of 23.6%, debt of $15 million, equity of $20 million, and 1,000,000 common shares outstanding. What is its

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Abacus Ltd. has a return on equity of 23.6%, debt of $15 million, equity of $20 million, and 1,000,000 common shares outstanding. What is its return on assets? a. 12.7% b. 13.5% c. 14.5% d. 17.7% e 26.3%

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