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Assume you are given the following information for the company E-Toscali: Return on Equity (ROE): 40%; Debt-to-Equity Ratio (DR): 60%. E-Toscalis Return on Assets (ROA)

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Assume you are given the following information for the company E-Toscali: Return on Equity (ROE): 40%; Debt-to-Equity Ratio (DR): 60%. E-Toscalis Return on Assets (ROA) is closest to 0.40% a. 0.67% 0.16% C. None of the above

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