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last year Ann Arbor Corp. had 1 5 5 , 0 0 0 of assets equal to its invested capital it has $ 2 5

last year Ann Arbor Corp. had 155,000 of assets equal to its invested capital it has $25,000 of net income and a debt to total ratio of 37.5%. The firm finances using only debt and common equity what is the return on equity ROE

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