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    Nov 11, 2010, 11:45 AM
    Calculate the ROE for Firm with total assets $16 million, AR $2.2 million, NI 2.5 mil
    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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