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 5.6% Averaged collection period 62 days Accounts receivables 250,000 Total assets $3,000,000 Total debt to total assets ratio 0.67

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

Group of answer choices

8.39%

8.33%

8.36%

8.27%

8.30%