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What is amer roe

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Reference no: EM13984561

The Amer Company has the following characteristics:

Sales: $1,000
Total Assets: $1,000
Total Debt/Total Assets: 35%
EBIT: $200
Tax rate: 40%
Interest rate on total debt: 4.57%

What is Amer's ROE?

Reference no: EM13984561

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