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ABC, Inc. has $700 million in total net operating assets, sales of $700 million, EBIT of $200 million, and interest expense of $30 million. They

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ABC, Inc. has $700 million in total net operating assets, sales of $700 million, EBIT of $200 million, and interest expense of $30 million. They also reported depreciation expense of $10 million. The company's debt ratio is 50%, and the MTB is 30%. What is the firm's ROE CACULATED USING THE DUPONT METHOD? IF NECESSARY ROUND YOU ANSWER TO TWO DECIMAL PLACES. IF YOUR ANSWER IS A NEGATIVE PUTA MINUS SIGN IN FRONT OF YOUR ANSWER. DONT USE THE PERCENT SIGN

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