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What was chen return on equity for the year

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Chen's Salons Inc. (Chen) net income for 2020 was $79,500. Chen's return on assets (ROA) for the year was 11.20% and its debt-to-equity ratio was 0.7:1.0.

Question 1: What was Chen's return on equity (ROE) for the year?

Reference no: EM132551188

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