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Question 1 (3 points) If a company has an ROA of 5%, total assets equaling $100,000 what would be its ROE if its Total Liabilities
Question 1 (3 points) If a company has an ROA of 5%, total assets equaling $100,000 what would be its ROE if its Total Liabilities equaled $60,000? (Assume that the rest is equity capital and that the company has no preferred stock. 8.33% 10% 12.50% Cannot be determined from the information given
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