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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 5.3%
Averaged collection period 51 days
Accounts receivables 250,000
Total assets $3,000,000
Total debt to total assets ratio 0.82

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