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tatus Serions QUESTION 3 Linda's Lights balance sheet info for the beginning of 2020 Owners' Equity 27 million Bank Loan 10 million 4 5% interest

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tatus Serions QUESTION 3 Linda's Lights balance sheet info for the beginning of 2020 Owners' Equity 27 million Bank Loan 10 million 4 5% interest rate Fixed Assets 10 million Inventory 23 million Cash 4 million Here are info for 2020 Purchased 220 thousand lamps for $100 each sold them for $125 each Incurred additional operating costs of $2 million Purchased 5 trucks for $100.000 each Profits tax 15% Dividend payout ratio 30% Q. What is ROE? Please show your calculation process to get partial credits For the toolbar, press ALT+F10 (PC) or ALTFNF10 (Mac). B IV. Paragraph Arial A

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