Monita Hussain has a business in which she's invested $260000 of her own money, which...
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Finance
Monita Hussain has a business in which she's invested $ of her own money, which is the firm's only capital. There are no other equity investors and no debt. In a recent year, the firm had net income of $ for a return on equity of $$ What will the firm's return on equity be next year if net income from business operations remains the same but it borrows $ returning the same amount to Jake from the equity account if Round your answer to two decimal places.:
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