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Last year Harrington Inc. had sales of $ 3 2 5 , 0 0 0 and a net income of $ 1 9 , 0

Last year Harrington Inc. had sales of $325,000 and a net income of $19,000, and its yearend assets were $250,000. The firm's total-debt-to-total-capital ratio was 47.5%. The firm finances using only debt and common equity, and its total assets equal total invested capital. Based on the DuPont equation, what was the ROE? Do not round your intermediate calculations.
14.48%
13.03%
14.91%
17.08%
11.29%
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