Question: Alpha Engineering invested $ 2 5 . 0 0 million using a D - E mix of 6 5 % 3 5 % for the

Alpha Engineering invested $25.00 million using a D-E mix of 65%35% for thedevelopment, marketing, and delivery of a web-based training program for projectmanagement. Determine the return on the companys equity, if the net income from thesale of the program for the first year was $4.700 million from total revenue of $6 million.

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