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The following information relates to JK Associates: Tax burden ratio = 0 . 7 4 Interest burden ratio = 1 . 0 1 EBIT margin

The following information relates to JK Associates: Tax burden ratio =0.74 Interest burden ratio =1.01 EBIT margin =0.24 Asset turnover =1.23 Financial leverage =1.57 JK Associates' ROE is closest to:
Question 40Select one:
a.
46.81%
b.
46.35%
c.
34.64%

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