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Calculate GreenTech’s Return on Equity. Note: Round to two decimal places and provide your answer in percent without the unit sign, i.e., X,XXX.XX.

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The task asks to calculate GreenTech’s Return on Equity and to present the result as a percentage rounded to two decimals, without the percent symbol. First, recall the standard formula for Return on Equity (ROE): ROE = Net Income / Shareholders' Equity. This ratio measures how effectively a company generates profit from the equity invested by shareholders. Second, because the prompt specifies rounding to two decimal places and expressing the result ......Login to view full explanation

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