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Return on equity (ROE) is a measure of the amount of wealth created for an organization based on its net worth. If a healthcare organization

Return on equity (ROE) is a measure of the amount of wealth created for an organization based on its net worth. If a healthcare organization has a net income of $50,000, a net worth of $220,000, and total assets amounting to $1,200,000, what would be its ROE percentage? Group of answer choices 4.17% 18.33% 22.73% 28.5%

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