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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 25%. The firm financed 45% of its assets using debt. What was the firm's return on common equity?
45.45%
55.56%
51.07%
60.96%
40.79%
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