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Consider the following information for firm 4 . Sales is 2 , 0 0 0 . Gross profit is 1 , 6 0 0 .

Consider the following information for firm 4. Sales is 2,000. Gross profit is 1,600. Net income is 800. Total
shareholders' equity is 1,500. Return on equity (%) is closest to?
Select one:
a.35%
b.100%
C.46%
d.53%
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