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Question 4 (1 point) Saved Given the following data: Annual Sales = $1,200,000, Total Assets = $750,000; Common Equity = $600,000 Net income (NI) =

Question 4 (1 point) Saved Given the following data: Annual Sales = $1,200,000, Total Assets = $750,000; Common Equity = $600,000 Net income (NI) = $120,000; EBIT = $200,000; Calculate the Return on Equity (ROE): 20% 16% 18% 12%

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