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Assume the following data relating to the financials of Sam Step. Corp. Company Bal Sheet: Total Assets = 25,000 Shareholders Equity= 5,000 Company Income Statement

Assume the following data relating to the financials of Sam Step. Corp.

Company Bal Sheet:

Total Assets = 25,000

Shareholders Equity= 5,000

Company Income Statement

Revenue= 10,000

Net Income= 2,000

Required: Based on Above Data Calculate the ROE for Sam Step. Corp using DuPont Formula

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