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Last year Bubbagump Corp. had sales of $ 3 1 5 , 0 0 0 and a net income of $ 1 7 , 8

Last year Bubbagump Corp. had sales of $315,000 and a net income of $17,832, and its year-end assets were $210,000. The firm's total-debt-to-total-assets ratio was 42.5%. Based on the Du Pont equation, what was Bubbagump's ROE?
Last year Bubbagump Corp. had sales of $315,000 and a net income of $17,832, and its year-end assets were $210,000. The firm's total-debt-to-total-assets ratio was 42.5%. Based on the Du Pont equation, what was Bubbagump's ROE?
14.77%
17.95%
15.51%
17.10%
16.28%

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