Calculate the ROE for the firm

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Question - You are considering investing in Nuran Security Services. You have been able to locate the following information on the firm: total assets are $31.35 million, accounts receivable are $2.50 million, ACP is 25 days, net income is $2.70 million, and debt-to-equity is 1.20 times. Calculate the ROE for the firm?

Reference no: EM132521842

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