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Using the data below, what is Joe's Return on Equity? (show work) a) .17 b) .1388 c) .25 d) .125 Joe Assets Equity Debt Operating

Using the data below, what is Joe's Return on Equity? (show work)

a) .17

b) .1388

c) .25

d) .125

Joe Assets Equity Debt Operating Income Interest Net Income 1800 1800 0 250 0 Ray 1800 1000 800 250 80 250 170

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