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The King Card Company has a ROA (investment) ratio of 19 percent. a. If the debt-to-total-assets ratio is 60 percent, what is the ROE? (Do

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The King Card Company has a ROA (investment) ratio of 19 percent. a. If the debt-to-total-assets ratio is 60 percent, what is the ROE? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) ROE % b. If the firm had no debt, what would the ROE be? ROE %

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