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Pedro & Co. has $1,000,000 in assets and a debt ratio of 41%. If the company earned net income after taxes of $300,000, what was

Pedro \& Co. has $1,000,000 in assets and a debt ratio of 41%. If the company earned net income after taxes of $300,000, what was its Return on Equity? (Provide your answer as a % and round to one (1) decimal place)

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