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Chess, Inc. has total equity of $35000, sales of $111000, depreciation expense of $2100 in the prior year, total assets of $58000, and a profit

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Chess, Inc. has total equity of $35000, sales of $111000, depreciation expense of $2100 in the prior year, total assets of $58000, and a profit margin of 6%. Please calculate the ROE: 8.94% 5.88% 14.32% 19.03% 12.22%

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