[Solved] QUESTION 21 A firm has a debt-to-equity r

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QUESTION 21 A firm has a debt-to-equity ratio of 40%, a debt of $250,000, and a net income of $100,000. The return on equity is

QUESTION 21 A firm has a debt-to-equity ratio of 40%, a debt of $250,000, and a net income of $100,000. The return on equity is 60%. 16%. 30%. There's not enough information to determine the return on equity

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