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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. Profit margin

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

Profit margin 4.2% Averaged collection period 45 days Accounts receivables 250,000 Total assets $3,000,000 Total debt to total assets ratio 0.79

Round your final answer to two decimal places of percentage. (Hint: Use the DuPont system.)

Group of answer choices

13.40%

13.43%

13.52%

13.49%

13.46%

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