You have been able to locate the following information on the firm: total assets are $24 million, accounts receivable are $3.3 million, acp is 25 days, net income is $3.5 million, and debt-to-equity is 1.2 times. calculate the roe for the firm. (do not round intermediate calculations and round your final answer to 2 decimal places.)

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02-11-2022
Mathematics

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You have been able to locate the following information on the firm: total assets are $24 million, accounts receivable are $3.3 million, acp is 25 days, net income is $3.5 million, and debt-to-equity is 1.2 times. calculate the roe for the firm. (do not round intermediate calculations and round your final answer to 2 decimal places.)

Sagot :

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