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Free_Kalibri [48]
3 years ago
9

Assume the following: Sales = $400M; Net Income = $60M; TA = $350M; and there is $0.50 in total debt per dollar of total equity.

According to the DuPont framework, ROE would be approximately_______?
A. 15%
B. 19%
C. 22%
D. 26%
Business
1 answer:
lys-0071 [83]3 years ago
3 0

Answer:

D

Explanation:

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