Problemyou are thinking of investing in nikki ts inc you, Ask an Expert

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Problem:

You are thinking of investing in Nikki T's, Inc. You have only the following information on the firm at year-end 2015: net income is $290,000, total debt is $2.29m, and debt ratio is 50 percent.

Question: What is Nikki T's ROE for 2015?

Justify your answer.

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Category:- Basic Finance
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