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Given the following information for Victory Stables, calculate their return on assets, return on equity and comment on the use of these ratios (why would

Given the following information for Victory Stables, calculate their return on assets, return on equity and comment on the use of these ratios (why would we use them, what do they tell us).

Net income

$50,000

Interest expense

8,500

Income tax expense

15,250

Preferred dividends

2,500

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