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Blackwell Corporation has the following items in its financial statements: Sales $ 8 5 0 , 0 0 0 , Net income $ 1 5

Blackwell Corporation has the following items in its financial statements: Sales $850,000, Net income $157,500, Common Dividends $10,000, Preferred Dividends $7,500, Beginning Shareholders' Equity of $775,000, and Ending Shareholders' Equity of $875,000. Blackwell's ROCE is

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