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At the end of the financial year you have the following information about your companys activity: shareholders equity = 1969 mil. Euro, long term debt
At the end of the financial year you have the following information about your companys activity: shareholders equity = 1969 mil. Euro, long term debt = 1425 mil. Euro, EBITDA = 571 mil. Euro, depreciation expenses = 113 mil. Euro, interest rate on companys credits is 10%, income tax 18%. Calculate the companys return on equity (ROE).
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