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A company has a profit margin of 20%, sales of $15,000,000 and shareholders' equity of $10,000,000. What is the ROE of this company? a. 33.3%

A company has a profit margin of 20%, sales of $15,000,000 and shareholders' equity of $10,000,000.

What is the ROE of this company?

a. 33.3%

b. 30 %

c. 42.6%

4. 16%

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