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The turnover in AB Summit is 24 million. Operating expenses amount to 21 million. The average debt interest rate is 4%. The capital turnover rate
The turnover in AB Summit is 24 million. Operating expenses amount to 21 million. The average debt interest rate is 4%. The capital turnover rate is 1.6 (times / year). The company has no financial income. The equity / assets ratio is 25%. All liabilities are interest-bearing. Calculate: a) Capital employed b) Return on capital employed C) Return on equity
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