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

Last year FIN 3150 Corp. had sales of $315,000 and a net income of $17,832, and its year-end assets were $210,000. The firm
debt-to-total-assets ratio was 42.5%. What was FIN 3150's ROE?
16.28%
14.77%
3.61%
19.98%
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