Question: Question 9 (10 points) Given the following Balance Sheet and Income Statement information: Balance Sheet Total Assets: $1,306,407 Total Liabilities: $556,385 Income Statement Earnings Before

Question 9 (10 points) Given the following Balance Sheet and Income

Question 9 (10 points) Given the following Balance Sheet and Income Statement information: Balance Sheet Total Assets: $1,306,407 Total Liabilities: $556,385 Income Statement Earnings Before Income Tax: $211,161 Income Tax Expense: $44,107 What is the Return on Equity

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