A firm has a debt to asset ration of 75%, $240,000 in debt, and net income of $48,000. Calculate return on equity.:confused:
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A firm has a debt to asset ration of 75%, $240,000 in debt, and net income of $48,000. Calculate return on equity.:confused:
What are the limitations of published financial statements to a potential investee for the purpose of making an acquisition?
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