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The Debt-to-Capital ratio of ABC Inc. is 0.5, and the ROA is 10%. What is the return on equity (ROE)? (Assume assets=debt+equity for simplification) 10%
The Debt-to-Capital ratio of ABC Inc. is 0.5, and the ROA is 10%. What is the return on equity (ROE)? (Assume assets=debt+equity for simplification) 10% a. 5% b. 25% O C. 20% d. O
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