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You are thinking of investing in Ella Enterprises. You have only the following information on the firm at year - end 2 0 1 9

You are thinking of investing in Ella Enterprises. You have only the following information on the firm at year

-

end

2019

: net income

=

690, 000,

total debt

=

13.9

million, debt ratio

= 44 % .

What is Ella's ROE for

2019 ?

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