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Southern Cross, Co. (SCC) has sales of $4,900,000, a total asset turnover of 2.0 and a total debt ratio of 0.6. The company reported net

Southern Cross, Co. (SCC) has sales of $4,900,000, a total asset turnover of 2.0 and a total debt ratio of 0.6. The company reported net income of $256,000 and has a tax rate of 20%. What is the company's ROE? Multiple Choice

0.104

0.063

0.327

0.261

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