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Business, 07.12.2019 03:31 ilovemeatballs5

An investor is considering starting a new business. the company would require $475,000 of assets, and it would be financed entirely with common stock. the investor will go forward only if she thinks the firm can provide a 13.5% return on the invested capital, which means that the firm must have an roe of 13.5%. how much net income must be expected to warrant starting the business?

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