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Assume that Dell Corp has total liabilities of $18,000, and total assets of $26,000. It has sales of $10,000. If the profit margin is 11%,
Assume that Dell Corp has total liabilities of $18,000, and total assets of $26,000. It has sales of $10,000. If the profit margin is 11%, what is ROE (return on equity)?
A) 13.75%
B) 9.17%
C) 1.25%
D) There is not enough information, they cannot be calculated.
E) There is enough information, but a, b, and c, are not correct.
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