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Determine the return on equity (ROE) for Procter & Gamble Co. using the following financial data: Net Income: $1,200,000 Shareholders' Equity: $4,800,000 Question: What is

Determine the return on equity (ROE) for Procter & Gamble Co. using the following financial data:

Net Income: $1,200,000
Shareholders' Equity: $4,800,000

Question:

What is the return on equity (ROE) for Procter & Gamble Co. based on the provided information?

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