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ABC Company sells all its merchandise on credit. Given the following information, what is the company's ROE? Use 365 days for a year. 4.2% 58

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ABC Company sells all its merchandise on credit. Given the following information, what is the company's ROE? Use 365 days for a year. 4.2% 58 days 250,000 Total assets $3,000,000 0.68 Total debt to total assets ratio Round your final answer to two decimal places of percentage. (Hint: Use the DuPont system.) O 6.91% 6.85% 6.88% O 6.94% O 6.82% Profit margin Averaged collection period Accounts receivables

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