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Return on Equity (ROE) Calculation: Calculate the return on equity (ROE) for YZ Corporation using the following details: Item Amount ($) Net Income 200,000 Average

ยทReturn on Equity (ROE) Calculation:

Calculate the return on equity (ROE) for YZ Corporation using the following details:

Item

Amount ($)

Net Income

200,000

Average Equity

800,000

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