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You are thinking of investing in Tikki's Torches, Inc. You have only the following information on the firm at year-end 2008: net income = $570,000,
You are thinking of investing in Tikki's Torches, Inc. You have only the following information on the firm at year-end 2008: net income = $570,000, total debt = $12.7 million, debt ratio = 42%. What is Tikki's ROE for 2008?
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