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Assume Cooper Corporation is 60% equity financed. Calculate the return on equity (ROE), given the following information: Earnings before taxes $1,500 Sales $5,000 Dividend payout

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Assume Cooper Corporation is 60% equity financed. Calculate the return on equity (ROE), given the following information: Earnings before taxes $1,500 Sales $5,000 Dividend payout ratio 60% Total assets turnover 2.0 Tax rate 30% 1) 25.2% 2) 70.0% 3) 35.5% 4) 42.0% 5) 50.4%

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