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Calculate total equity value given the following information: ROE = 8%; Total assets = $1,000,000 and ROA = 5% Select one: a. $700,000 b. $800,000

Calculate total equity value given the following information: ROE = 8%; Total assets = $1,000,000 and ROA = 5%

Select one: a. $700,000 b. $800,000 c. $650,000 d. $750,000 e. $625,000

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