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You are considering investing in Nuran Security Services. You have been able to locate the following information on the firm: total assets are $ 16
You are considering investing in Nuran Security Services. You have been able to locate the following information on the firm: total assets are $ 16 million, the dividend paid is $ 0.40 million, addition to retained earnings is $ 0.60 million, and debt ratio (total debt/total assets ) is 0.4. Calculate the return on equity (ROE) for the firm.
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