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Assume for the year 2 0 2 2 , A Corp. has sales of $ 1 2 0 0 0 and net income of 1

Assume for the year

2022,

A Corp. has sales of $

12000

and net income of

1050,

debt

/

equity ratio of

1.5,

Total assets

= 30500 .

Calculate the return on equity?

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