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Thanks. If you are told that a business earns a 12% Rate of Return on Assets (ROA) and the interest rate or cost of debt
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If you are told that a business earns a 12% Rate of Return on Assets (ROA) and the interest rate or cost of debt is 6% (r = 6%), what can you say about the business' Rate of Return on Equity (ROE)? O ROE is greater than 12% OROE is between 6% and 12% O ROE is between 0% and 6% O ROE is negativeStep by Step Solution
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