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12. Zara Co. has a total common equity at the end of last year of $810,000 and its net income was $140,000. What was its

12. Zara Co. has a total common equity at the end of last year of $810,000 and its net income was $140,000. What was its ROE? * O a) 14.82% b) 15.60% C) 16.42% d) 17.28% e) None of the above

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