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U KNO, Inc. uses only debt and common equity funds to finance its assets. This past year the firm's return on total assets was 2

U KNO, Inc. uses only debt and common equity funds to finance
its assets. This past year the firm's return on total assets was
22%. The firm financed 23% percent of its assets using equity. What
was the firm's return on common equity? (Round your answer to two
decimal places and state it in percentage form.)Group of answer choices104.96%28.57%58.36%95.65%25.64%

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