Total assets are $16 million, AR $2.2 million, ACP is 25 days, net income is 2.5 million and Debt to equity ratio is 1.2 times. Calculate the ROE for the firm.
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Total assets are $16 million, AR $2.2 million, ACP is 25 days, net income is 2.5 million and Debt to equity ratio is 1.2 times. Calculate the ROE for the firm.
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