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The Amer Company has the following characteristics. What is Amers ROE? Sales $30,000 Total assets $20,000 Debt ratio 50% Basic Earning Power (BEP) ratio 25%

The Amer Company has the following characteristics. What is Amers ROE?

Sales $30,000 Total assets $20,000

Debt ratio 50% Basic Earning Power (BEP) ratio 25%

Tax rate 50% Interest rate on total debt 6%

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