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Great Plains Inc. has a profitability ratio of 0.23, an asset turnover ratio of 1.45, a gross margin of 32%, and a total asset to

Great Plains Inc. has a profitability ratio of 0.23, an asset turnover ratio of 1.45, a gross margin of 32%, and a total asset to equity ratio of 1.60. What is the firm's ROE?

Question 16 options:

A)

31.75%

B)

17.96%

C)

23.27%

D)

53.36%

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