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

Last year Marcus Inc. had sales of $325,000 and a net income of $19,000, and its year-
end assets were $250,000. The firm's total-debt-to-total-capital ratio was 15.0%. 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?
a.7.42%
b.8.94%
c.11.09%
d.8.85%
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