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Sweet Tooth Cookies, Inc. has the following ratios. ROE=16.25% T / A turnover =1.3 ROS=10% What percentage of its assets are financed by equity? (Hint:
Sweet Tooth Cookies, Inc. has the following ratios. ROE=16.25% T / A turnover =1.3 ROS=10% What percentage of its assets are financed by equity? (Hint: Substitute into the extended Du Pont equation.) Round your answer to the nearest whole percentage (Don't include the "\%")
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