A firm has sales of $800, total assets of $500, and a debt ratio of 0.30. If its return on equity is 18%, what is its net income? a. $15. b. $36. c. $45. d. $63.
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- O'Brien Inc. has the following data: rRF = 5.00%; RPM = 6.00%; and b = 1.40. What is the firm's cost of equity from retained earnings based on the CAPM? a. 15.41% b. 16.21% c. 12.86% d. 13.40% e. 13.67%Calculate a and b ?? General accountingCompany has return on assets 12.4% and debt-equity ratio is 0.25. What is ROE? Select one: a.35.43% b.9.18% c.9.3% d.15.5%