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Last year ABC Corp had the following information Sales 30000 Net income 20000 Assets (year end) 200000 Total debt to total assets ratio 40% Based
| Last year ABC Corp had the following information | |
| Sales | 30000 |
| Net income | 20000 |
| Assets (year end) | 200000 |
| Total debt to total assets ratio | 40% |
Based on DuPont equation, what wat the ABC Corp ROE? |
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Financial Markets and Institutions
Authors: Jeff Madura
11th Edition
1133947875, 9781305143005, 1305143000, 978-1133947875
