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Lowell Riverhawk Corporation has a total debt to assets ratio of 67.5 percent. Its net income last year was $25,000. If the total debt was

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Lowell Riverhawk Corporation has a total debt to assets ratio of 67.5 percent. Its net income last year was $25,000. If the total debt was $200,000, what was the return on equity (ROE)? A. 18.75% B. 20.83% C. 23.21% D. 25.96% E. 29.17% F. 32.95% G. 37.50% H. 43.06% QUESTION 2 You invest $6,000 into a savings account that pays an annual interest rate of 12.25%, compounded monthly. How much would you have in your account after 15 years? A. $32,289 B. $37,335 C. $41,971 D. $46,218 E. $50,100 F. $53,636 G. $56,848 H. $59,753

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