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Calculate the return on equity (ROE) for Microsoft Corporation using the provided data: Net Income: $30,000,000 Shareholders' Equity: $150,000,000 Utilize the ROE formula and express

Calculate the return on equity (ROE) for Microsoft Corporation using the provided data:

  • Net Income: $30,000,000
  • Shareholders' Equity: $150,000,000

Utilize the ROE formula and express the result as a percentage.

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