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Loto Incorporation's Return on Invested Capital is 30 %. It has long-term debt of $200 million and equity of $350 million. It has been paying
Loto Incorporation's Return on Invested Capital is 30 %. It has long-term debt of $200 million and equity of $350 million. It has been paying paid 6% interest rate on its long-term debt and 25% effective corporate tax on its net profits income. Loto's Return on Equity (%)(ROE) will be 26.25 34.75 28.85 44.57
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