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Use the following information to calculate return on equity . Show it as a decimal (not as a percentage) in the form 0.XX Dividends per

Use the following information to calculatereturn on equity. Show it as a decimal (not as a percentage) in the form 0.XX

Dividends per share: 0.54

Market price per share: 30

Net income: 100,000

Average stockholders' equity: 625,000

Earnings per share: 1.25

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