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The following Excel worksheet presents some of the financial ratios of Big Rock Candy Mountain for 2020. B A 1 Ratio 2. Total Asset Turnover

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The following Excel worksheet presents some of the financial ratios of Big Rock Candy Mountain for 2020. B A 1 Ratio 2. Total Asset Turnover Ratio 3 Fixed Asset Turnover Ratio 4 Current Ratio 5 Gross Profit Margin 6 Net Profit Margin 7 Long-term Debt Ratio 8 Debt to Equity Ratio 9 10 ROE Value 0.89 1.19 2.75 22 4% 36% 85% ? Which of the following is the correct formula for Cell B10 to calculate the ROE ratio? -B3-B5*(1+B7) =B2 B6/(1-38) +B2B6*(1+B8) -B3-B6/(1-38)

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