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Epson expects the following financial data during the coming year: Assets: $120,000 Total debt ratio = Debt/Assets (book values): 40% EBIT: $49,000 Interest rate: 6%
Epson expects the following financial data during the coming year:
- Assets: $120,000
- Total debt ratio = Debt/Assets (book values): 40%
- EBIT: $49,000
- Interest rate: 6%
- Tax rate: 34%
What is the firm's expected ROE?
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