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Question 7 (1 point) Use the information below to calculate the firm's return on common equity. (State your answer as a percentage with two decimal

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Question 7 (1 point) Use the information below to calculate the firm's return on common equity. (State your answer as a percentage with two decimal places.) Net profit margin = 10.96%; Debt ratio = 41.13%; Fixed asset turnover = 7.7; Total asset turnover = 3.80; Inventory turnover = 20. 70.75% 41.65% 54.74% 32.19% 38.94% Question 8 (1 point) Russell Securities has $287 million in total assets and its corporate tax rate is 40%. The company recently reported that its basic earning power (BEP) ratio was 41% and its return on assets (ROA) was 14%. What was the company's interest expense? (Answers are in millions.) $77.49 $50.70 $117.67 $172.20 $26.79

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