Business, 04.09.2020 16:01, quan1541

Last year, ABC Inc. had sales of $375,000 and a net income of $25,000, and it had total assets of $350,000 at the year end. The company's debt-to-equity (D/E) ratio was 75.0%. What was the company’s ROE? (Hint: Use the DuPont identity) 4.08% 7.15% 11.67% 12.50% 5.36%

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Last year, ABC Inc. had sales of $375,000 and a net income of $25,000, and it had total assets of $3...