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There are two companies each with a net income of $1.2 million and total asset value of $10 million Cominy Ach that is debt and

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There are two companies each with a net income of $1.2 million and total asset value of $10 million Cominy Ach that is debt and the rest equity Company Buses 60debt. Which company has a higher ROE, and what is it? Company B. 1735 Company A 18.5% Company B, 30.0% Company A, 23.5% Company B, 26.4%

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