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Company ABC generated $4 million in net income last year. If Company ABC's shareholders' equity was $8 million last year. What is the Company's ROE

Company ABC generated $4 million in net income last year. If Company ABC's shareholders' equity was $8 million last year. What is the Company's ROE equal to? A. 40% B. 50% C. $ 4 million D. 200%

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