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You want your all-equity (no debt) firm to provide a return on equity of 14.0%. If total assets are $385,000, how much must be generated

You want your all-equity (no debt) firm to provide a return on equity of 14.0%. If total assets are $385,000, how much must be generated in net income to make this target?

$53,900.00

$57,275.00

$60,750.00

$47,925.00

$50,625.00

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