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Nikko Corp.'s total common equity at the end of last year was $385,oo0 and its net income after taxes was S60,000. What was its ROE?

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Nikko Corp.'s total common equity at the end of last year was $385,oo0 and its net income after taxes was S60,000. What was its ROE? Select the correct answer O a. 15.58% O b. 13.48% . 14.88% O d. 12.78% O e. 14.18%

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