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In 2022, Toronto Skaters earned a return on investment (ROI) of 15% and had a cost of debt of 7%.The book value of debt was $25,000 and the book value of shareholders' equity was $30,000.The firm faces a tax rate of 30%.The firm's return on equity (ROE) is:
Kai Nielsen
A philosopher known for his work in ethics and religion, contributing to debates within these disciplines.
Health Care
A broad term that refers to the maintenance or improvement of health via the diagnosis, treatment, and prevention of disease, illness, injury, and other physical and mental impairments in people.
Fair Equality
A concept in ethics and political philosophy where individuals are given the same opportunities and conditions for success.
Difference Principle
A social and economic principle that inequalities are only justified if they benefit the most disadvantaged members of society.
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