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Please explain both questions Tanex Inc. has a return on assets (ROA) of 20.0%, a return on equity (ROE) of 6.0%, and a retention ratio

image text in transcribed Please explain both questions

Tanex Inc. has a return on assets (ROA) of 20.0%, a return on equity (ROE) of 6.0%, and a retention ratio of 40%. Based on the sustainable growth formula. Tanex's estimated growth is: Your answer should be in % rounded to 2 decimal places

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