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1. Sanchez Corporation had net income of $100,000 in 2001 . Shareholders' Equity was $400,000 in 1999,$500,000 in 2000 , and $600,000 in 2001 .

1. Sanchez Corporation had net income of $100,000 in 2001 . Shareholders' Equity was $400,000 in 1999,$500,000 in 2000 , and $600,000 in 2001 . Calculate Return on Equity for 2001 and explain what it means

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