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Don Jorge Shipping Inc. has net income of $40 million, total assets of $300 million, and sales of $800 million. Its equity is $190 million.
Don Jorge Shipping Inc. has net income of $40 million, total assets of $300 million, and sales of $800 million. Its equity is $190 million. Calculate return on equity (ROE) Group of answer choices
21.05%
12.05%
25.01%
19.78%
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