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Assume the following: Sales = $400M: Net Income = $60M: TA = $350M: and there Is $0.50 In total debt per dollar of total equity.

Assume the following: Sales = $400M: Net Income = $60M: TA = $350M: and there Is $0.50 In total debt per dollar of total equity. According to the DuPont framework. ROE would be approximately _____? 15% 19% 22% 26%

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