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an organization has $ 2 million in assets and an earnings before interest and taxes ( EBIT ) profit of $ 5 0 0 ,

an organization has $2 million in assets and an earnings before interest and taxes (EBIT) profit of $500,000. the interest rate is 12% and the tax rate is 35%. it has financed its assets with no debt. what is its after interest and taxes profit? what is the ROE?

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