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Perot Company had profit before interest and taxes of $ 1 2 0 , 0 0 0 . Interest expense for the period was $

Perot Company had profit before interest and taxes of $120,000. Interest expense for the period was $17,000 and income taxes amounted to $28,500. The average shareholders' equity was $680,000. What is Perot's return on equity?
Multiple Choice
13.46%
15.15%
17.65%
10.96%

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