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In 2021, if net income was $6 million and Sales last year was $18 million, total assets was $150 million, and total assets to total

In 2021, if net income was $6 million and Sales last year was $18 million, total assets was $150 million, and total assets to total equity was 2.5, what is the return on equity in 2021?

Question 11 options: 8.01% 8.45% 9.07% 10.00% 4.62%

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