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eBook Problem 9-14 If a firm has the following sources of finance, Current liabilities $ 110,000 Long-term debt 280,000 Preferred stock 85,000 Common stock 260,000

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eBook Problem 9-14 If a firm has the following sources of finance, Current liabilities $ 110,000 Long-term debt 280,000 Preferred stock 85,000 Common stock 260,000 earns a profit of $50,000 after taxes, and pays $7,000 in preferred stock dividends, what is the return on assets, the return on total equity, and the return on common equity Round your answers to two decimal places, 9 Return on assets: %% Return on total equity: Return on common equity

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