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RBC, Inc., has sales of $10,000 and $8000 in Net Fixed Asset and $1000 in current assets, debt/equity ratio of 1.25 and a$ 750 in
RBC, Inc., has sales of $10,000 and $8000 in Net Fixed Asset and $1000 in current assets, debt/equity ratio of 1.25 and a$ 750 in profits. Calculate Return on Equity using Dupont identity ROE= Profit margin* Total Asset Turnover* Equity Multiplier A) 9.39% B) 18.75% C) 21% D) 12.03% E) 93.75%
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