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A Firm Has a Debt-To-Equity Ratio of 40%, a Debt

Question 98

Multiple Choice

A firm has a debt-to-equity ratio of 40%, a debt of $250,000, and a net income of $100,000. The return on equity is

A) 60%.
B) 16%.
C) 30%.
D) There's not enough information to determine the return on equity.

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